The ups and downs of the market are enough to drive anyone to drink. Oh, not like that. In his never-ending quest to generate returns, Jim Cramer turned to some liquor stocks that he thought should have upside.
"I like Molson Coors (TAP). I think it's the best. Then I like Constellation Brands (STZ) then I like Ambev (ABEV)," Cramer said after Holly from Oregon asked him about liquor stocks in the Lightning Round.
Also, Cramer told Matt from California that he thinks Yelp (YELP) will get back to $100. "If it doesn't get there by earnings I think it gets there by takeover," Cramer said. And when Bela from Connecticut asked about Home Depot (HD) Cramer said because the credit card breach didn't trigger a decline, he thinks the stock is a "buy, buy, buy."
Looking at the market broadly, an undercurrent that's been sorely missing from the stock market resurfaced on Wednesday. And Cramer says your chances of making money will be sorely compromised unless you factor it into your next move.
Common sense is moving stocks. That may sound a little glib, but Cramer says it hasn't been that way for a while, making the change extremely noteworthy.