Jim Cramer’s Game Plan: 10 Stocks in Focus

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

Number of Hedge Fund Holders: 51

Cramer mentioned Constellation Brands, Inc. (NYSE:STZ) as he discussed the headwinds being faced by alcohol stocks.

“After the closing, we get results from one of the most controversial companies in America, and that’s Constellation Brands, STZ. This… company, the maker of Modelo and Corona, simply can’t be sure yet what the tariff impact is. If it’s imported, Mexican beer will be tariffed. At what rate will it not be tariffed? Will it be the old tariff that we had, which was none? Tough to tell… How will Constellation approach things though? I want to know.

This company already has enough problems with the existential threats of anti-craving GLP-1 drugs, including cravings for beer and the health and wellness trends that discourage alcohol. The last thing it needs is tariffs. This stock plagued my Charitable Trust until we finally jettisoned it at a big loss. And I think it’s become totally problematic like all the liquor companies here. I suspect Constellation’s also been hurt by Trump’s immigration crackdown because so much of their customer base is Hispanic. Hard to see what the company can do about any of this. It’s a once great story.”

Constellation Brands (NYSE:STZ) is a major producer and seller of beer, wine, and spirits. The company offers beer under several different brands.