Daily Stock Opinions and Ratings

Opinions

Jim Cramer - Mad MoneyConstellation Brands IncSTZBUYJan 05, 2024

Spirits sales have been weak in the industry the past year, so he greeted STZ's earning today with worry. Beer sales did very well, but not wine and spirits. Still, STZ raised its full-year earnings and cash flow forecast. Shares were up 2% today after an early sell-off.

Jim Cramer - Mad Money

Owned

Unlock Rating

$247.53

Stock price when the opinion was issued

$137.06

As of Jul 02, 2026. Market Open.

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BUY

Unlike liquor sales, beer sales are healthy. STZ's Mexican beer sales are growing. Their most quarter boasted 12% net sales growth (i.e. Corona, Modelo).

HOLD

Largest beer important company in USA. Shares up 30% in past 5 years. Lots of upside potential. Modest dividend yield. Management appear to be prioritizing revenue growth. Would prefer companies like Walmart. If heading into recession, would be good for defensive investors.

SELL ON STRENGTH

So-called experts are now urging you to buy this stock, but STZ is already up 17% YTD, having been a huge beneficiary of the problems with Bud Light. Don't be a victim of these momentum chasers. In fact, take some profits now.

BUY

Given their relationship with Canopy Growth

Don't average down. He has little faith in Canopy, but believes in Constellation who delivered a great quarter, but nobody cared. This will change.

BUY

He's long owned this, but the stock has hit several road blocks including a bad investment in cannabis-maker Canopy Growth and the company founders selling huge amounts of shares. he's stuck with it, because he believes in their Mexican beers like Modelo. They just reported solid numbers, like an earnings beat, and a sunny forecast about beer sales even wine/spirits isn't doing as well. Is a long way from last year's highs, but is undervalued.

BUY ON WEAKNESS

California weather is bad, and that's where they sell a lot of their beers. Weather this storm and buy this on dips. Hold long term.

BUY

The owner-family just unloaded some shares, so the stock took a hit recently. However, they keep putting up good numbers, and alcohol endures during a recession/downturn.

BUY

The street has its wrong. They make a ton of money off Corona and other beer brands, but they own a huge stake in Canopy Growth. The Canopy CEO is turning the company around from a money-loser into profits as they expand into the U.S. even if the US doesn't legalize weed federally, STZ no longer needs to report Canopy's losses as its own every quarter. As if weed is legalize, Canopy's gains will benefit STZ.

BUY

Good company that has solid business model. Resilient beer sales throughout North America. Likely to to see steady demand of alcohol even if there is a recession. Recently dumped lower end wine business lines.

COMMENT

It reports Thursday. Normally, he likes this, but it's treacherous in this market. Their revenue numbers could be very good, but needs to see if water and glass shortages in Mexico will impact them.

BUY

That stock exceeded where it was after the big decline when it report. Very positive. STZ is great. Prefers this to Sam's Beer.

BUY

They report Thursday. They have a fast-growing beer business, including Modelo. Their growth is under-rated and are working on a cannabis beverage.

BUY

They delivered a nice revenues beat, but earnings took a hit like many companies due to supply shortages, but manages raised their earnings forecast for the current fiscal year. It's cheap at 18x earnings and well-run.

BUY

Likes it because of its popular beer brands. You need more than cannabis in a company, like Canopy Growth.

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