Jim Cramer Is a Fan of Constellation Brands and Their Tequila

Jim Cramer says he likes shares of FedEx, and the company had a great quarter, but investors can wait for a pullback before buying the stock.
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TheStreet's Jim Cramer says he likes shares of FedEx (FDX) - Get Report , and the company had a great quarter, but investors can wait for a pullback before buying the stock. Cramer commented on beverage companies, calling Anheuser-Busch InBev (BUD) - Get Report 'a great stock.' He also said he likes Constellation Brands (STZ) - Get Report , which reports on Wednesday, but said investors should wait for the stock to go down before buying. Constellation Brands is also holding a tequila tasting Tuesday night at Bar San Miguel, a Brooklyn, New York restaurant owned by Cramer, who is more than ready to do some tasting himself. Cramer is portfolio manager of the Action Alerts PLUS charitable trust. Viewers can send questions to Cramer on his Facebook page, or on Twitter, use hashtag CramerQ.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.