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As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Canopy Growth looks to speed up entry into U.S. cannabis market with new holding company
▼ + stars: | 2022-10-25 | by ( Stefan Sykes | ) www.cnbc.com time to read: +1 min

Canadian cannabis company Canopy Growth said Tuesday it's consolidating its U.S. assets into a new holding company to speed up its entry into the U.S. market. The company said the creation of Canopy USA will help it reduce costs and tap into the U.S. market, which is projected to be more than $50 billion by 2026. Spirits giant Constellation Brands , which acquired a stake in Canopy Growth in 2017 for $190 million, said it will convert its existing common shares in Canopy into new exchangeable shares, which it said will protect shareholder value while retaining its interest in Canopy through non-voting and non-participating shares. Constellation said in a statement that the transition is aligned with its decision to focus on its core beer, wine and spirits businesses. "We believe that the conversion of our ownership interest will maintain Constellation's ability to realize the potential upside of our investment in Canopy," said Constellation's CEO and President Bill Newlands.

☆ Cramer: This bear market is getting long in the tooth — here's what is changing
▼ + stars: | 2022-10-23 | by ( Jim Cramer | ) www.cnbc.com time to read: +8 min

Owning a Johnson & Johnson (JNJ) or a Constellation Brands (STZ) isn't exciting. When I look at the companies that have reported already, I like Home Depot (HD) and UnitedHealth (UNH), Procter & Gamble (PG) and Johnson & Johnson. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Recession or not, investments in this sector have shown resilience in tough times
▼ + stars: | 2022-10-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +13 min

Boston Beer has an average analyst rating of hold and 8% downside to the average price target, according to FactSet. "In a recession, beer tends to gain about one percentage point of share from spirits. How to play the space With that mindset, you shouldn't alter your long-term investments because of a potential recession, Sarwat said. Its average price target is buy. Duckhorn also has an average rating of buy, with 30% upside to the average price target.

☆ Analyst says buy Constellation Brands, makes a bullish case we can agree on
▼ + stars: | 2022-10-11 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Even earlier in the session, when all three major U.S. stock indexes were in the red, STZ shares were slightly in the green. "Pricing optionality" — jargon that really just means raising prices to help offset rising costs — is another part of Wedbush's bullish case. The Club's take Wedbush's positive note comes less than a week after Constellation released its very solid second-quarter results . Just as we saw little to nitpick in the company's numbers and guidance, we see little to disagree with in Wedbush's STZ thesis. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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