We recently published Jim Cramer Discussed These 25 Stocks In An Important Show About AI Spending. Diageo plc (NYSE:DEO) is one of the stocks Jim Cramer recently discussed.
Diageo plc (NYSE:DEO) is an alcoholic beverage company known for its well-known brands such as Johnnie Walker and Smirnoff. Cramer has consistently shared in 2025 that the alcoholic beverages industry is undergoing a secular shift as younger people drink less. In January, he warned that Diageo plc (NYSE:DEO) would have to cut prices and called it a “horrendous stock.” Then in July, he remarked that “I’d rather own gummies than. . .Diageo.” As November kicked off, Cramer maintained his view for Diageo plc (NYSE:DEO):
Public Domain/Pixabay
“What do the US and China have in common? . . .alcohol consumption down huge, Diageo. Huge. This is a change, this is a wholesale change. Organic growth, what is Diageo’s organic growth? Minus seven and a half. Do [inaudible] have one worse than that?
“I know, then people thought Brown-Forman was at the bottom. Diageo, it’s like you know, all the Johnnie Walkers, they paid too much for Casamigo, I think. But agave spirits are still doing well. Wine not doing that well.”
While we acknowledge the potential of DEO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.