We're making a small buy in an oversold market and debating further action

We're buying 20 shares of Constellation Brands at roughly $236. Following Wedneday's trade, Jim Cramer's Charitable Trust will own 350 shares of STZ, increasing its weighting in the portfolio to 3% from 2.83%. The market has officially entered oversold territory, according to the S & P 500 Short Range Oscillator .

If we learn about a portfolio review and a commitment to increase cash returns to shareholders through a growing dividend and share buybacks, then we think the event will prove to be a positive catalyst for the stock. Elsewhere in the market, we are searching for more opportunities to put some money to work because prices are down and we are long-term-minded investors. But at the same time, we recognize the perils of when the bond market is in control, so we don't want to do anything rash.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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