Anheuser-Busch InBev (BUD) , Molson Coors (TAP) and Constellation Brands (STZ) should be purchased because there is massive consolidation in the beer industry, says TheStreet's Jim Cramer. He said he knows firsthand because people are demanding more and more beer at his bar in Brooklyn. Cramer says being a beer distributor right now is one of the most lucrative opportunities around. And if he had to choose a beer to drink, Cramer said he prefers Coors Light and Corona Light.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.