Constellation Brands Inc
Anheuser-Busch and UFC strike multiyear partnership, as brewer tries to turn around Bud Light sales
Bud Light, made by Anheuser-Busch, sits on a store shelf in Miami on July 27, 2023. Joe Raedle | Getty Images Anheuser-Busch InBev’s Bud Light will again become the official beer sponsor for the Ultimate Fighting Championship with a six-year marketing partnership, the companies announced Tuesday. The sponsorship deal is “well into the nine figures,” […]
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Here’s a rapid-fire update on all 36 stocks in our portfolio, including our latest addition
Jim Cramer ran through the names during the Club’s October Monthly Meeting on Wednesday. Source
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Mexican liquors and beers are on the increase in the U.S. — here’s what is driving the torrid growth
Deals of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Mario Tama | Getty Images People today in the U.S. are ingesting less liquor than they employed to, but when they do indulge, they’re more likely than ever to decide for a beverage originating […]
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Here are all the portfolio moves the Club made in this week’s oversold market
With the stock market deeply oversold this week, we put cash to work by picking stocks across a range of sectors including energy, technology and materials. We also added a former Club chipmaker to our Bullpen and upgraded a premium beer name to a buy rating. Finally, Friday’s market reversal helped us make good on […]
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Stocks generating the greatest moves midday: Rivian, Orchard Therapeutics, Lamb Weston and much more
McDonald’s french fries staying well prepared. Daniel Acker | Bloomberg | Getty Pictures Verify out the businesses making headlines in midday investing. Rivian Automotive — Rivian Automotive shares tanked 19% after the electric powered motor vehicle maker declared strategies to raise $1.5 billion in convertible notes and supplied preliminary 3rd-quarter earnings steering approximately in line […]
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Constellation Brands beats on earnings as Modelo-fueled beer momentum continues
In this photo illustration, bottles of Modelo Especial beer sit on a table on June 14, 2023 in Los Angeles, California. Mario Tama | Getty Images Constellation Brands on Thursday reported earnings and revenue that topped analysts’ expectations for its fiscal second quarter of 2024. The Mexican beer powerhouse, owner of the Modelo Especial and Corona Extra […]
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Here’s a rapid-fire update on all 35 stocks in the Club’s portfolio, including a new buy
Jim Cramer ran through all 35 Club stocks during our September Monthly Meeting on Thursday. Source
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Here are the risks to alcohol and food stocks from Ozempic-like weight loss drugs
The rise of new anti-obesity medications could result in less alcohol consumption, impacting Club name Constellation Brands (STZ). The risk already seems to be playing out in food stocks with exposure to snacks and junk food. However, if necessary, the Mexican beer powerhouse behind Corona, Modelo and Pacifico could take action to mitigate any demand […]
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Here’s a rapid-fire update on all 36 stocks in the Club’s portfolio, including 2 recent buys
During the Investing Club’s August Monthly Meeting, Jim Cramer provided his latest thinking on all 36 names in his Charitable Trust. Source
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Activists ease up on Salesforce — plus, 10 other Club stocks traded by Wall Street pros
The extraordinary activist-investor interest in Salesforce (CRM) eased further in the second quarter, according to the latest regulatory filings from influential Wall Street pros. These big-name investors also made moves in nine other Club stocks during a strong three-month stretch that ended the best first half for the market in years. Starting with Salesforce, Dan […]
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