Shares of Anheuser-Busch InBev  (BUD are down 2.5% after missing on revenue and earnings per share estimates.

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 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 Report) is doing better, while Constellation Brands (STZ - Get 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.