Jim Cramer Discussed These 25 Stocks In An Important Show About AI Spending

5. Diageo plc (NYSE:DEO)

Number of Hedge Fund Holders In Q2 2025: 35

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):

“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.”