Jim Cramer’s 5 Stock Calls, Including Exxon, Lockheed and Upcoming CPI Data

3. Constellation Brands, Inc. (NYSE:STZ)

Constellation Brands, Inc. (NYSE:STZ) is among Jim Cramer’s latest stock calls as he covered Exxon, Lockheed, and others. Cramer showed optimism around the company’s new CEO, as he said:

After the close, we hear from a very special company, Constellation Brands, and I’m excited about the possibilities here. You see, the company has a new CEO, Nick Fink… And I think he can revitalize the business that has the top beer in the country, Modelo. We all know that liquor’s been challenged, right? GLP-1s, people who care more about how they look in their twenties, but I’m beginning to believe that there’s a subtle turn in beer and a definite turn in the ready-to-drink cocktail market. If that’s true, Constellation’s the one you want to be in. STZ, I think it might be worth even buying ahead.

Constellation Brands, Inc. (NYSE:STZ) sells beer, wine, and spirits, with beer brands such as Corona, Modelo, Pacifico, and Victoria. Its portfolio also includes wine and spirits labels, including Robert Mondavi Winery, Kim Crawford, The Prisoner Wine Company, and SVEDKA.