Jim Cramer's Stop Trading: There's a Beer Deal Coming

NEW YORK (TheStreet) -- On CNBC's "Cramer's Stop Trading" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, took a closer look at Morgan Stanley's upgrade of Molson Coors Brewing (TAP) to equal weight from underweight.

Although the upgrade by itself isn't that exciting, Cramer said "something fishy" appears to be going on, considering that the upgrade has come so late after the stock's price appreciation. 

He reasoned that the analyst did not want to have the equivalent of a sell rating on TAP ahead of some potentially big news. Perhaps Altria (MO) will sell its stake in Sabmiller, Cramer said. 

Will Molson Coors Brewing buy that stake? What about AmBev (ABEV)?

"There's going to be a deal in this beer world," and it could come within the next 10 days, Cramer said.

Some of the clear winners in the beer industry are AmBev, Molson Coors and Constellation Brands (STZ), he concluded.

--- Written by Bret Kenwell in Petoskey, Mich.

Biotech Stock Mailbag: Zafgen, Bluebird, Mannkind

Is American Apparel Fit for a Buyer?

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

More from Opinion

Elon Musk's Latest Twitter Tirade Is the Dumbest Thing on Wall Street

Elon Musk's Latest Twitter Tirade Is the Dumbest Thing on Wall Street

Elon Musk's Twitter Tirade Is the Dumbest Thing on Wall Street

Elon Musk's Twitter Tirade Is the Dumbest Thing on Wall Street

Why Google's Search Momentum Won't Be Badly Hurt by New EU Rules

Why Google's Search Momentum Won't Be Badly Hurt by New EU Rules

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Time to Talk Tesla: What Happened This Week, Elon?

Time to Talk Tesla: What Happened This Week, Elon?