We're adding a consumer stock to diversify beyond the volatile AI trade

By America Pulse · Based on reporting from CNBC

America Pulse: We are adding a consumer stock to diversify beyond the volatile AI trade

Jim Cramer’s Charitable Trust has initiated a position in Constellation Brands, acquiring 270 shares at a price of approximately $145 per share. This investment represents 1% of the total portfolio. The decision follows a strategy discussed during a recent Morning Meeting to move the trust beyond the volatile artificial intelligence trade. By adding the company behind Modelo, Corona, and Pacifico, the trust aims to reduce its reliance on the data center buildout, which may face logistical hurdles in the coming years.

Diversifying beyond Data Centers

The trust is targeting a less cyclical business with an attractive valuation. Constellation Brands currently trades at roughly 12 times its estimated earnings

Source: CNBC · 2026-11-09