Cramer's 'Stop Trading!': Constellation Brands
"People just aren't drinking as much," Jim Cramer said on Wednesday's "Stop Trading!" segment in response to host Erin Burnett's interview with Constellation Brands'(STZ Quote) CEO.
"Maybe this economy is so bad that ... alcohol got more expensive," Cramer said. As a result, people are cutting back on things that have gotten too expensive, and discount-store stocks such as Family Dollar Stores(FDO Quote) are going up. Tonight is Cramer's 1,000 "Mad Money" episode and will feature an interview with NYSE Euronext(NYX Quote) CEO Duncan Niederauer.- Loading Comments...
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Calculated Risk
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,058.64 | 1,070.52 | 2,150.87 | 36.33 |
Oil *
72.02
|
|
UP
150.25
|
UP
13.78
|
UP
24.82
|
UP
0.41
|
10 Yr
3.63%
SPDR Gold
105.45
|
|
+1.52%
|
+1.30%
|
+1.17%
|
+1.14%
|
Data delayed 20 minutes |
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