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☆ 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.

☆ Jim Cramer's top 10 things to watch in the market Tuesday: Bond yields up so stocks drop to start week
▼ + stars: | 2023-02-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Club earnings this week include Palo Alto Networks (PANW), TJX Companies (TJX), Nvidia (NVDA), Pioneer Natural Resources (PXD) and Coterra Energy (CTRA) as well as Bausch Health (BHC). Deere (DE) price target raised to $398 per share from $364 at Bernstein, which keeps market perform (hold) rating. Mizuho likes the Twilio (TWLO) pivot and takes price target up to $90 per share from $75. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Citi says buy 3 stocks tied to the consumer for the same reasons we own them
▼ + stars: | 2023-02-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

What Citi thinks Analysts at Citi chose our three Club holdings among their top-rated picks — initiating coverage in U.S. beverages, household and personal care products. STZ YTD mountain Constellation Brands (STZ) YTD performance Citi also said it's time to buy Constellation Brands, the company behind Mexican beers Corona, Modelo and Pacifico. Analysts at Citi have a $265 price target on the stock, which fell slightly lower Friday to just under $227. EL YTD mountain Estee Lauder (EL) YTD performance Citi also estimates "strong topline/margin recovery" from Estee Lauder as China's economy continues to reopen. Buy Estee Lauder."

☆ Premarket stocks: Will the Fed end the 2023 market rally?
▼ + stars: | 2023-02-01 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

So will Fed Chair Jerome Powell dampen expectations and reiterate that the fight against inflation still has a way to go, or will the Fed show signs that they’re ready to ease up on rate hikes? Wall Street analysts also expect the Fed will stop hiking altogether by the spring. This will leave the market hanging on the future of how many rate hikes we will see.”He’s preparing for a volatile market reaction. But now, investors may be a bit too eager to end treatment, even as Fed officials warn that doing so would be premature. Stocks close out a jubilant JanuaryThe greatest comebacks of all time: Rocky Balboa, JNCO jeans, Apple and now… the US stock market.

☆ Market rally since October is broadening out — listen to 'The Homestretch'
▼ + stars: | 2023-01-31 | by ( ) www.cnbc.com time to read: +8 min

WE ARE IN A BULL MARKET AND IWANT TO BUY. A LOT OF PEOPLE SAY IT IS NOTREAL, BUT PUB POWER IS NOT REAL,BUT LINDY IS REAL. >> AND YES, I WAS UPSET THAT WECOULDN'T BUY IT BECAUSE OF THEWAY THAT THE -->> THE WAY THAT RESTRICTIONSWERE. AND YOU CAN BUY IT FROM NOW TOTEND OF THE DAY, BECAUSE THIS ISTHE HOMESTRETCH, AND THEANALYSTS WILL BE COMING UP HARDABOUT IT, AND IT DOES MATTER. >> AND THIS A NEW MARKET SINCEOCTOBER, AND BROADENING, ANDWHEN YOU GET THE SELL-OFFS LIKEYESTERDAY, YOU HAVE TO LISTEN TOWHAT WE ARE THINKING OF BUYINGAND CATERPILLAR TODAY, AND PUTTHE MONEY TO WORK.

☆ NYSE trading glitch, tons of earnings, a Dow comeback — listen to 'The Homestretch'
▼ + stars: | 2023-01-24 | by ( ) www.cnbc.com time to read: +11 min

WHAT'S NEW, WHAT'S HAPPENEDSINCE THE MORNING MEETING. THERE WAS SOMETHING SO CRAZY,WE'VE BEEN TRYING TO GET TO THEBOTTOM OF IT, WHICH JEFF WASJUST IN COMPUTER FAILURE. DON'T KNOW EXACTLY WHO DID IT,BUT WE'VE GOT A LOT OF STOCKSTHAT WERE UP 10, DOWN 20. AND I THINK WHAT'S MOSTSIGNIFICANT RIGHT NOW IS THATTHE MIGHTY DOW HAS MADE ACOMEBACK FROM AN UGLY OPEN. I DO FEEL, HOWEVER, THAT THESTOCK IS NOT TO BE BOUGHT AHEADOF THE QUARTER, BECAUSE NOW ITSELLS AT 22 TIMES EARNINGS.

☆ Fact Check-Coronavirus does not translate to ‘heart attack virus’ in Latin
▼ + stars: | 2023-01-17 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

Despite the Google translation for “cor ona virus” from Latin to English showing up as “heart attack virus,” language experts consulted by Reuters said this is not an accurate translation of the three words (cor, ona, and virus). While entering these words with this spacing into Google Translate does result in the words “heart attack virus” (bit.ly/3QF10bC), experts told Reuters this is not an accurate translation into Latin. The Latin word “corona,” however, is “actually a borrowing from Greek and has nothing to do with Latin cor, cordis ‘heart’,” he added. Experts told Reuters that “coronavirus” in Latin does not translate to “heart attack virus,” despite a Google Translate query shared on social media. The term is formed by two Latin words, “corona” and “virus” and the etymology stems from the virus’s physical appearance.

☆ Jim Cramer's top 10 things to watch in the market Thursday: CPI matches, Peltz Disney fight
▼ + stars: | 2023-01-12 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

To be sure, though, the CPI print is good news, ending 2022 down 0.1% month over month and up 6.5% year over year. 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. 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.

☆ 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.

☆ A major beer maker says shoppers are finally balking at rising prices — and it could signal inflation's near its peak
▼ + stars: | 2023-01-07 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +3 min

Supply chain costs have driven up beer prices. The maker of Corona says customers have started to buy less beer where prices are highest. And for that reason, beer sales are a solid indicator of the state of the economy when inflation is in play. Other players in the beer supply chain, including the stores that sell Modelo and Corona, up their own prices to varying degrees on top of the wholesale price, Newlands explained Thursday. Some supply chain costs are coming down as imports and overall freight demand cool, but those will take time to hit the balance sheet, and then perhaps eventually the shelf.

☆ 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.

☆ Market off lows but still in red; Corona beer maker sinks after earnings
▼ + stars: | 2023-01-05 | 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 EmailMarket off lows but still in red; Corona beer maker sinks after earningsThat's in Thursday afternoon's "The Homestretch," our new audio feature that prepares Club members for the final hour of trading.

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.

☆ 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.

☆ 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.

☆ 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 .

☆ Non-alcoholic beer to continue growing in 2023, Athletic Brewing Company CEO says
▼ + stars: | 2022-12-30 | by ( Ian Thomas | ) www.cnbc.com time to read: +1 min

But the CEO of one of the leading non-alcoholic beer companies said that the demand for non-alcoholic brews is booming well beyond a single month. "This is the moment we've been waiting for in the category," Bill Shufelt, Athletic Brewing CEO, said on CNBC's "Squawk Box "on Wednesday. Long a sleepy category within the broader industry of beer, non-alcoholic beer has seen its growth skyrocket in recent years as bigger beer giants like AB InBev and Heineken launch new products as well as the emergence of independent brewers like Athletic Brewing. The lack of quality non-alcoholic beer options was the impetus for Shufelt, a former trader at Steve Cohen's Point72 Asset Management, to start the Connecticut-based company in 2017, which solely focuses on non-alcoholic brewing. Shufelt said that non-alcoholic beers now make up more than 2% of all beer sold at U.S. grocery stores, and at some national chain retailers, it is upwards of 8% of their beer category.

☆ 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.

☆ Here's our November rapid-fire update on all 33 stocks in Cramer's Charitable trust portfolio
▼ + stars: | 2022-12-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. Estee Lauder (EL) — New Club members who want to start a position in the cosmetics giant could do so at these levels. We'd advise Club members do so the same, even if we still like the company's defensive nature. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Elon Musk brought his mom to a meeting with advertisers where he tweeted about Trump. He later fired an exec who didn't find the tweet funny, report says
▼ + stars: | 2022-12-15 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Elon Musk went to New York on Halloween to meet with advertisers and visit the Twitter office. He brought his mom, Maye Musk, along to the meeting where execs asked about un-banning Trump. The billionaire then tweeted a joke about Trump during the meeting. Two advertising executives from Twitter also came along, as well as Musk's friend Jason Calacanis, and Maye Musk. Horizon Media CEO, Bill Koenigsberg, told Musk that some of his clients had heard about the meeting, according to Bloomberg.

☆ Jim Cramer's top 10 things to watch in the market Thursday: Fed selling, chip stocks boost, Disney concern
▼ + stars: | 2022-12-15 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Barclay's raises price target on Club holding Wynn Resorts (WYNN) to $95 per share from $75; keeps an equal weight (hold) rating. Citi raises price target on Club holding Linde (LIN) to $402 per share from $322; keeps buy rating. HSBC starts Club stock Nvidia (NVDA) with a reduce rating and a $136-per-share price target; says downside not priced in. Cowen downgrades JetBlue (JBLU) to market perform from outperform (hold from buy); trims price target to $10 per share from $9. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

The little white kiosk where Juan Carlos Robles-Corona Jr. worked with his mother was barely large enough to fit three or four adults. Juan Carlos, whom relatives and close friends called Junior or J.R., pestered her for months before she gave him a part-time job there. He wanted to be like his mother’s boss: an entrepreneur who owned franchise stores in several cities. Junior with his father, Juan Carlos Robles-Corona, and his siblings Mia, Dylan and Aiden. On April 4, Juan Carlos Robles-Corona Jr. was shot on a street near his public school.

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