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☆ Two Club stocks get Wall Street upgrades, sending shares higher
▼ + stars: | 2023-05-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Watch Constellation Brands Roth MKM on Tuesday upgraded Club holding Constellation Brands (STZ) to buy, from neutral, while increasing its price target to $270 per share, up from $216. 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.

☆ 2 of our consumer stocks are in the headlines. Here's what we think about the news
▼ + stars: | 2023-05-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Consumer stocks Constellation Brands (STZ) and Procter & Gamble (PG) were the subjects of Wall Street scrutiny Thursday. Analysts are concerned about the stock's valuation and the risk to the company's volumes as P & G raises prices on its products. If uncertainty over the health of U.S. banks persists, analysts believe, P & G stock will "likely hold up." But they added, "If the issue dies down, we expect investors to move into less risk-averse stocks." Truist also thinks "investors may be overreading" the consumer goods giant's better-than-expected fiscal third quarter in April.

☆ Goldman Sachs says these 'compelling' stocks are earnings season winners
▼ + stars: | 2023-04-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Sifting through the flood of financial reports this week, Goldman Sachs analysts have named a slew of stocks poised for more growth ahead. Constellation Brands Shares of the beer and wine maker are just too attractive to ignore, the firm said. Braze "Long-term fundamentals are intact," analyst Gabriella Borges said of the cloud software marketing company. Braze shares are up more than 7% this year, after coming off of a better-than-expected fiscal fourth-quarter report . Importantly, the company raised its full year outlook at the high end of prior range, with ~8% net sales growth and ~11% adj.

☆ We remain bullish on Constellation Brands despite a top-line miss last quarter
▼ + stars: | 2023-04-06 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Constellation Brands (STZ), the maker or Corona beer and other alcoholic drinks, reported mixed quarterly results on Tuesday. Bottom line Despite the top-line miss, we like what we're seeing this current quarter, which includes Cinco de Mayo, a big day for beer sales. Beer operating margin contracted as higher prices were more than offset by higher packaging, raw materials, logistics and other costs. Additionally, operating cash flow is expected to come in between $2.4 billion and $2.6 billion, below the 3.06 billion expected coming into the quarter. Taking out capital expenditures of $1.2 billion to $1.3 billion, the free-cash-flow forecast comes in between $1.2 billion and $1.3 billion, also a bit short versus the $1.4 billion expected coming into the print.

☆ Club meeting recap: We're sticking with Costco, despite weak monthly sales
▼ + stars: | 2023-04-06 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Stick with Costco Club holding Costco Wholesale (COST) reported Wednesday after the closing bell that overall same-store sales fell 1.1% last month , the first such drop in roughly three years. 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.

Constellation Brands is pouring into the streaming business. The company, which owns beer, wine and spirits brands, is forming a partnership with media company Tastemade to create a content studio and produce shows that revolve around Constellation's brands. Discovery and Walt Disney Co.Its partnership with Constellation will take a similar form. "What was exciting about this partnership is we just got kind of unprecedented access to some story hunting within Constellation Brands," said Fitzgibbon. Constellation's leading brands include Corona, Modelo Especial, The Prisoner Wine Company, Kim Crawford, Svedka Vodka and others.

☆ Here's our Annual Meeting update on 9 consumer names in the Club portfolio
▼ + stars: | 2023-02-27 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

Here's an update on our consumer discretionary and consumer staples stocks in Jim Cramer's Charitable Trust, the 35 holdings that make up the CNBC Investing Club's portfolio. TJX Companies (TJX): TJX is a winner in a slower economy as shoppers love the treasure-hunting experience for cost-saving deals. If their stores have excess inventory, that could serve as a catalyst for TJX stock to go higher. Constellation Brands (STZ): Consumer demand for Constellation's premium alcoholic beverages is strong even as inflation weighs on consumers since people continue to drink beer in an economic slowdown. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ P&G, Constellation Brands see solid U.S. demand, even as prices rise — a key reason we're shareholders
▼ + stars: | 2023-02-24 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

Constellation Brands "Consumer demand for our products remains strong even in a challenging macro environment," Newlands said. Procter & Gamble Inflation continues to weigh on consumers and impact global sales volumes at P & G, CFO Andre Schulten said Thursday. P & G last month delivered solid fiscal second-quarter results , in part through raising prices by as much as 10% on some products. Constellation Brands, meanwhile, continues to demonstrate sustained demand for its leading beer brands. Trucks with Constellation Brands Inc. Corona and Modelo beer sit during a delivery in the Zona Rosa neighborhood in Mexico City, Mexico.

☆ Constellation's Ray Wang: Massive tech stock rebound will continue
▼ + stars: | 2023-02-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConstellation's Ray Wang: Massive tech stock rebound will continueRay Wang, principal analyst and founder at Silicon Valley-based Constellation Research, to discuss if this rebound in tech stocks will continue, whether laid-off tech workers are finding work, and more.

☆ Investing Club Mailbag: How to avoid pitfalls when calculating stocks' price-to-earnings multiples
▼ + stars: | 2023-01-12 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Data providers that automatically pull from companies' quarterly releases in calculating trailing price-to-earnings (P/E) sometimes bring in numbers that are not the ones used by Wall Street. However, for trailing P/E purposes, the adjusted earnings-per-share number is usually the one to use. The one-time items are just that, they can change from quarter to quarter or not occur at all. That's why instead of using trailing earnings as our yardstick, we use forward earnings expectations. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ 2 of our stocks get nice pops. Here's the news and what we think
▼ + stars: | 2023-01-10 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

DHR 1Y mountain Danaher's 1 year stock performance Danaher is set to present at the JPMorgan Healthcare Conference on Tuesday afternoon. Now, management sees core sales growth up in the high single-digit range. In addition to the core revenue growth revision, management is now factoring in no growth coming from Covid-related testing. STZ 1Y mountain Constellation Brands 1-year stock performance;. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Constellation CEO hints at stock buyback after shares take a beating. The Club would fully support the move
▼ + stars: | 2023-01-05 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Constellation Brands (STZ) could potentially implement a stock buyback program, CEO Bill Newlands said Thursday — a move we would welcome as shareholders in the alcoholic beverage maker. During an interview with Jim Cramer on "Mad Money" Thursday evening, Jim pushed Newlands on whether Constellation would consider a buyback given the decline in the stock. U.S.-based Constellation's growth in the beer market has been propelled by its 3 Mexican beer brands — Modelo Especial, Corona and Pacifico. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. A case of Constellation Brands Inc. Corona beer sits on a shelf in a cooler during a delivery in Ottawa, Illinois, U.S., on Tuesday, April 2, 2019.

☆ As Constellation's shares fall on weak earnings, we see a buying opportunity
▼ + stars: | 2023-01-05 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Excluding equity losses from Constellation's stake in cannabis company Canopy , adjusted earnings came in at $3.01 per share. Company results Beer sales of $1.89 billion, up 8% year-over-year, were better than analysts' expectations of $1.82 billion. Meanwhile, wine-and-spirits front sales came in at $544.6 million, a decrease of 4% year-over-year and below analysts' expectations of $565 million. Assumed in this guidance are beer sales growth of 9% to 10% and operating income growth of 4% to 5%. Additionally, operating cash flow is still expected to come in between $2.6 billion and $2.8 billion.

☆ Constellation Brands (STZ) Q3 earnings
▼ + stars: | 2023-01-05 | by ( Stefan Sykes | ) www.cnbc.com time to read: +1 min

A worker stacks cases of Constellation Brands' Corona beer for delivery at the Euclid Beverage LLC warehouse in Peru, Illinois. Shares of Constellation Brands fell Thursday after the wine, beer and spirits company reported ongoing supply chain costs that offset sales growth in its beer category. For the three months ended Nov. 30, Constellation's beer segment posted year-over-year net sales growth of 8%, driven by continued growth of its Modelo Especial and Modelo Chelada brands. However, the company cited higher costs from raw materials, packaging and logistics, brewery expansions and marketing, which offset beer sales growth. The company said it plans to continue price increases on its beer products to match higher operating costs plaguing its supply chain.

☆ Modelo beer maker set to deliver a strong Q3, as the Club holding dominates the high-end market
▼ + stars: | 2023-01-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

U.S.-based Constellation's growth in the beer market has been propelled by its 3 Mexican beer brands — Modelo Especial, Corona and Pacifico. 1 spot in the country's high-end beer market and the No. 2 in the overall beer market, and has been the No.1 share gainer among Constellation's beer portfolio during the company's last 6 consecutive quarters, according to management. Moreover, Constellation's recent decision to eliminate its dual-class share structure puts the company in a strong position to deliver for all shareholders. Trucks with Constellation Brands Inc. Corona and Modelo beer sit during a delivery in the Zona Rosa neighborhood in Mexico City, Mexico.

☆ Wall Street expects robust gains for these 10 Club stocks in 2023
▼ + stars: | 2023-01-03 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

After recently highlighting Club holdings that analysts tapped as their top picks for 2023, we wanted to take the Street's temperature on our stocks in a different way. Humana Percentage of analysts with a buy/overweight rating: 80% Upside to average price target: 19.5% Humana is the only Club holding besides Halliburton to post share gains in 2022 and land on Tuesday's top-10 screen. Salesforce Percentage of analysts with a buy/overweight rating: 78% Upside to average price target: 47.2% Add Salesforce to the list of beaten-up tech stocks that most analysts expect to recover in 2023. Advanced Micro Devices Percentage of analysts with a buy/overweight rating: 76% Upside to average price target: 35.7% Of the 10 stocks on this list, AMD saw the biggest decline in 2022. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Wall Street names these 20 Club stocks as top picks for 2023. Here's the list and our takes
▼ + stars: | 2022-12-29 | by ( Paulina Likos | ) www.cnbc.com time to read: +16 min

Club take: We've pared back our position in AMD this year as the semicondcutor company worked through its inventory correction. The company has to do more in terms of managing its costs, but it will likely be a priority in 2023. Analysts described growth outlooks in these segments as "robust" and expect them to drive revenue growth and margin expansion. BofA calls the Club stock a "top tier operator" and expects the company to grow revenue in the coming year despite fears of an economic downturn. Analysts expect to see strong data center growth next year, a business they said could reach $20 billion by 2023.

We're buying 25 shares of Constellation Brands (STZ) at roughly $230.60 each. Our thesis all year has been that beer demand tends to be resilient in a macroeconomic slowdown, and we think the risk of trade-down from Constellation's one-of-a-kind Mexican beer portfolio is minimal. Lastly, we believe that Constellation Brands trading at a steep discount to other beverage stocks makes it attractive. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Trucks with Constellation Brands Inc. Corona and Modelo beer sit during a delivery in the Zona Rosa neighborhood in Mexico City, Mexico.

☆ Astronauts explain why nobody has visited the moon in 50 years — and the reasons are depressing
▼ + stars: | 2022-12-14 | by ( Dave Mosher | Hilary Brueck | ) www.businessinsider.com time to read: +15 min

The last time a person visited the moon was in December 1972, during NASA's Apollo 17 mission. But those stays during the Apollo program didn't establish a lasting human presence on the moon. Researchers and entrepreneurs have long pushed for the creation of a crewed base on the moon — a lunar space station. But many astronauts and other experts suggest the biggest impediments to making new crewed moon missions a reality are banal and somewhat depressing. During NASA's Apollo program, 12 people landed on the moon.

☆ It's been 50 years since the last moonwalk. NASA astronauts explain why it took so long.
▼ + stars: | 2022-12-09 | by ( Morgan Mcfall-Johnsen | Hilary Brueck | ) www.businessinsider.com time to read: +7 min

The 50th anniversary of the last Apollo astronaut moonwalk is Wednesday. NASA astronauts say it's taking so long to return to the moon because of politics and money. But NASA built Orion to send astronauts back into lunar orbit and, as early as 2025, link up with SpaceX's Starship to land astronauts on the moon. NASA astronaut Victor Glover visits the Space Launch System rocket inside Kennedy Space Center's Vehicle Assembly Building, on July 15, 2021. NASA/Kim ShiflettAs early as 2004, former President George Bush was setting goals to return astronauts to the moon.

☆ Why Wall Street's bullish on 3 Club stocks Wednesday — and our take, too
▼ + stars: | 2022-11-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Apple (AAPL), Constellation Brands (STZ) and Ford Motor (F) were subject to Wall Street research on Wednesday. Club take: China's Covid-19 lockdown measures have posed a risk to Apple's iPhone manufacturing, but we believe it's a temporary one. Club take: Ford has benefitted from higher pricing power as a result of supply chain challenges impacting production. 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 .

We're selling 125 shares of Morgan Stanley (MS) at roughly $90.44 each, and buying 45 shares of Constellation Brands (STZ) at roughly $242.25 each. We're taking the Morgan Stanley funds and redeploying them into Constellation Brands on a nearly dollar-for-dollar basis. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Andrew Kelly | ReutersWe're selling 125 shares of Morgan Stanley (MS) at roughly $90.44 each, and buying 45 shares of Constellation Brands (STZ) at roughly $242.25 each. We're taking the Morgan Stanley funds and redeploying them into Constellation Brands on a nearly dollar-for-dollar basis.

☆ Constellation's stock reclassification is a win for regular shareholders
▼ + stars: | 2022-11-10 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

Constellation's shareholders on Wednesday approved the termination of the Corona beermaker's Class B shares, which follows the board of directors sign off on the proposal back in June . The stock reclassification removes an overhang on the Class A stock, which could help boost Constellation's valuation in the long term. The news Roughly 75% of Constellation's Class A shareholders agreed to scrap the company's super-voting Class B shares, which were owned by members of the founding Sands family. The end of Constellation's Class B shares is not the only corporate governance improvement the company has made in recent weeks. Now that Constellation's dual-class share structure is going by the wayside our investment case has only been sweetened .

☆ 3 takeaways from our daily meeting: Tech stocks soar, Constellation reclassification, bullish on TJX
▼ + stars: | 2022-11-10 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Tech stocks soar STZ reclassification Bullish on TJX 1. Tech stocks soar on CPI data Tech stocks rallied Thursday along with the broader market on the back of fresh data showing inflation cooled in October , with the consumer price index (CPI) rising less than expected, according to the Bureau of Labor Statistics. Bullish on TJX Off-price retail operator TJX Companies (TJX) is benefiting from October's CPI report, which showed a decrease in apparel prices. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Pot producer Canopy sets up holding entity for speedy U.S. market entry
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +2 min

The pot producer will not right away benefit from the transactions as weed remains federally illegal and Canadian companies that grow or sell marijuana cannot do so in the United States. read moreIn anticipation of the changes, Canopy on Tuesday outlined a complex holding company structure to set up Canopy USA LLC. Canopy USA will now skip the wait and take over the firm right away, it said. Canopy USA will also take over Wana and Jetty, streamlining ownership. Constellation could still choose not to convert its stake, in which case Canopy USA will not proceed with these deals.

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