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For an "Executive Decision" segment, Cramer checked back in with Rob Sands, president and CEO of Constellation Brands (STZ) - Get Report , the beer and spirits maker that just posted an 11-cents-a-share earnings beat, but saw its share fall 2.6% after the announcement.
Sands explained that while beer sales remain strong, wine and spirits growth was muted, coming in at the low end of the company guidance of between 5% and 7%. He expected the weakness to be temporary, however.
Sands also explained that Constellation is experimenting with the possibility of cannabis beers in Canada, but federal laws in the U.S. would need to change to allow that to happen here. He noted that cannabis-friendly state laws are not enough and federal laws are what govern the company's operations.
With shares of Constellation up 42% last year, Cramer said he sees this quarter's weakness as a hiccup.
Cramer and the AAP note that the soft jobs number didn't derail the rally. But 2018 is still young. Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS
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At the time of publication, Cramer's Action Alerts PLUS had no position in stocks mentioned.