Cramer points out current economic issues some companies are ignoring

CNBC's Jim Cramer on Monday said a variety of companies, to their detriment, won't admit they're hurting due to certain ongoing economic trends.

For example, Cramer said, some food and beverage companies are loathe to acknowledge that the popularity of GLP-1 weight loss and drugs could be hurting business. He said these treatments are powerful and seem to have changed consumer behavior, with patients eating less junk food and drinking less alcohol. He pointed to Jack Daniels maker, which missed estimates during its most recent quarter and is down about 23% year-to-date.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Jim Cramer's top 10 things to watch in the stock market MondayEli Lilly catches an upgrade after earnings. For the market overall, inflation data will be key this week.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Jim Cramer's top 10 things to watch in the stock market MondayA global sell-off is underway, with Japan front and center. In the U.S., tech stocks were leading the declines.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Jim Cramer's top 10 things to watch in the stock market MondayThe S&P 500 and Nasdaq were heading for a higher open Monday after a tough week.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Jim Cramer's top 10 things to watch in the stock market MondayWall Street looked to rebound Monday after the S&P 500's worst week since April.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Jim Cramer's top 10 things to watch in the stock market MondayU.S. stock futures rose Monday as investors prepared for a big week of quarterly earnings reports.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Jim Cramer prefers Mondelez over this food peer — plus, his take on 4 more stocksJim Cramer on Monday offered his thoughts on KeyCorp, Robinhood, Prologis, Qualcomm and General Mills.
Fuente: CNBC - 🏆 12. / 72 Leer más »