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.

 

Pixabay/Public Domain

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.

While we acknowledge the potential of STZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

Disclosure: None. Follow Insider Monkey on Google News.