Volumes fell 1.7% and it just wasn't a very good quarter, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Stop Trading" segment Wednesday. BUD is suffering from weakness in Brazil, where companies with too much exposure are having a hard time, Cramer noted.
Boston Beer (SAM) - Get Boston Beer Company, Inc. Class A Report is also struggling, but that's more due to the increasing popularity of craft beers. However, Cramer pointed out Molson Coors Brewing (TAP) - Get Molson Coors Beverage Company Class B Report is doing better, while Constellation Brands (STZ) - Get Constellation Brands, Inc. Class A Report continues to shoot the lights out led by its Corona and Modelo beers.
At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.