We're buying 50 shares of Constellation Brands at roughly $246 each.
Following Monday's trade, Jim Cramer's Charitable Trust will own 375 shares of STZ, increasing its weighting in the portfolio to 2.8% from 2.46%.
Shares of Mexican beer maker Constellation Brands were down 3% on Monday after Heineken reported weaker-than-expected earnings.
We're also upgrading Constellation stock back to our buy-equivalent 1 rating .
Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons:
Jim Cramer's, Heineken, Bill Newlands, Newlands, Heineken doesn't, Jim Cramer, Jim
Organizations:
Constellation Brands, STZ, Heineken, Constellation, Asia Pacific, CNBC
Locations:
China, Modela, Europe, Americas, Asia Pacific, Africa, Middle, United States