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0.000188394875659345 0.000376789751318689 0.00715900527505643 0.00207234363225319 0.00527505651846258 -0.000753579502637646 0 -0.000376789751318823
Stock impact report

Jim Cramer Says a Brown-Forman and Pernod Ricard “Proposed Merger Makes a Ton of Sense” [Yahoo! Finance]

Brown Forman Inc Class A (BF.A) 
Company Research Source: Yahoo! Finance
continues . Cramer highlighted the stock's decline over the past five and a half years, as he said: No one's saying that things are going great for Brown-Forman, and I don't want to give you that impression. They're not. But given the context of a stock with a great brand, Jack Daniel's down nearly 70% over the past five and a half years, we have to grade this one on a curve. More importantly, there are genuine signs of some improvement… It's not like Brown-Forman has its head in the sand… After eight consecutive quarters' year-over-year declines, Brown-Forman reported positive net sales growth in its most recent quarter along with a healthy earnings beat… So after years in the house of pain, the business is finally seeing some improvement. Meanwhile, the stock's gotten pretty darn cheap as long as you can trust management to make the numbers. It now sells for less than 16 times this year's earnings estimate… It's down from 40 times earnings at its high in 2020. And now there's th Show less Read more
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