Jim Cramer Says Don’t Chase Constellation Brands
Jim Cramer says investors shouldn't go after Constellation Brands shares after it reported blowout quarterly earnings on Wednesday.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said investors shouldn't go after shares of Constellation Brands (STZ) - Get Report after it reported blowout quarterly earnings on Wednesday. 'I think [the stock] does come in from the market,' he said. Cramer also pointed to the company's impressive cash flows, which rose significantly year-over-year. Shares added 10.8 percent since the start of the year.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
