Jim Cramer Critiques Constellation Brands: A Case Study in Poor Alcohol Business Performance

Reported about 13 hours ago

In a recent commentary, Jim Cramer reflected negatively on Constellation Brands (STZ), suggesting that the company, known for products like Corona and Modelo, may symbolize a failing alcohol business. Cramer noted the firm’s disappointing sales in both the beer and spirits sectors, expressing disappointment and recommending against investing in a company showing such lackluster performance. Despite being 15th on his radar of stocks, he believes other AI stocks present better investment opportunities.

Source: YAHOO

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