3 takeaways from our daily meeting: Tech stocks soar, Constellation reclassification, bullish on TJX

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Investing Club: 3 takeaways from our daily meeting: Tech stocks soar, Constellation reclassification, bullish on TJX

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. Tech stocks soar STZ reclassification Bullish on TJX 1. Tech stocks soar on CPI data Tech stocks rallied Thursday along with the broader market on the back of fresh data showing inflation cooled in October , with the consumer price index rising less than expected, according to the Bureau of Labor Statistics.

STZ's stock reclassification Shareholders of Constellation Brands on Wednesday approved changes to the alcohol beverage producer's corporate governance profile and capital structure, including the elimination of its Class B common stock — a move we think is ultimately friendlier to investors. Club holding Constellation's stock was trading up nearly 4% Thursday morning, at roughly $249 a share. 3.

 

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