📰 Jim Cramer: 'there are a lot of issues' with Constellation Brands stock
Famed investor Jim Cramer has a “perfectly plausible explanation” for why Constellation Brands (STZ) shares initially slipped on Q2 earnings but has turned green again this morning. The alcoholic beverage specialist recorded $3.74 per share of earnings (EPS) on $2.63 billion sales late on October 6 – both comfortably ahead of Street estimates. As of writing, Constellation Brands stock is still down well over 15% versus the start of this year. What helped STZ stock reverse its initial post-Q2 dip? According to the Mad Money host, investors bailed on STZ shares initially because the company did not raise its guidance for the full year. For them, it was a signal that “this may be the last good number,” he argued…
Source : Invezz
Time : 2026-10-07 15:36:20
Credit : wajeeh khan
#stock_market
$CORE $NEAR $FLOW
Famed investor Jim Cramer has a “perfectly plausible explanation” for why Constellation Brands (STZ) shares initially slipped on Q2 earnings but has turned green again this morning. The alcoholic beverage specialist recorded $3.74 per share of earnings (EPS) on $2.63 billion sales late on October 6 – both comfortably ahead of Street estimates. As of writing, Constellation Brands stock is still down well over 15% versus the start of this year. What helped STZ stock reverse its initial post-Q2 dip? According to the Mad Money host, investors bailed on STZ shares initially because the company did not raise its guidance for the full year. For them, it was a signal that “this may be the last good number,” he argued…
Source : Invezz
Time : 2026-10-07 15:36:20
Credit : wajeeh khan
#stock_market
$CORE $NEAR $FLOW