Blog: Andy MortonBoston Beer Co "just plain ugly" for TV money man

Andy Morton | 9 May 2016

Jim Cramer, the excitable host of stock-picker programme Mad Money on CNBC, turned his attention on US brewers last week, attempting to forecast which has the most potential for investors.

In the spotlight were Constellation Brands, Molson Coors, Anheuser Busch InBev and Boston Beer Co - all three big hitters in the mainstream channel plus the king of craft.

In the end, Cramer plumped for Constellation, hardly a surprise considering the company's Mexican beer portfolio is on a roll and driving big profits and sales gains at the company.

But he had some harsh words for Boston Beer, which has seen its share price plummet as sales and volumes shrink through increased craft competition.

“Boston Beer?”, Cramer said. “It's just plain ugly.”

George Clooney is about to play Cramer - or a least a fictionalised version of Cramer - in a new movie that depicts a stock-market victim take the host of a Mad Money-style show hostage live on air.

Let's hope for Cramer's sake it doesn't give Boston Beer's management any ideas.

BLOG

Feeling Blue on Monday? Help is at hand

It may not be scientific, but the third Monday in January has been coined 'Blue Monday' - the most depressing day of the year. Dreamed up in the UK by a psychologist commissioned by a holiday company ...

BLOG

Bad day on the beer? This'll help

If you work for a brewer and are having a rough week, take a minute to regain some perspective with this, from the good people at US craft beer producer Sierra Nevada Brewing Co....

BLOG

Brewers Association "bid" to buy Anheuser-Busch InBev strikes a chord

Is this a case of if you can't beat them, buy them?...

BLOG

Non-alcoholic beer fails the Bernstein challenge

Crazy days in the Bernstein offices. Taking time out from being one of the world’s top beverage analysts, the Bernstein team, lead by its London-based veteran Trevor Stirling, held its very own taste ...



Forgot your password?