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Stock impact report

Jim Cramer on Diageo: “I See A Lot of Their Lines of Business Not Doing Well” [Yahoo! Finance]

Diageo plc (DEO) 
US:NYSE Investor Relations: diageo.com/en/investors
Company Research Source: Yahoo! Finance
“Okay, let me give you my, I think that the dividend at 5.6 can keep it here. They have to come up with something very special because I see a lot of their lines of business not doing well. Okay, I'm going to throw in Constellation and Brown-Forman, downgraded again, too. I don't own stocks just for dividend, but I think it can stop right there because of the dividend.” Copyright: ramanand / 123RF Stock Photo Diageo plc (NYSE:DEO) produces and sells a wide range of alcoholic beverages, including beer, whisky, vodka, gin, and rum. A caller inquired about the stock during the July 10 episode, and the Mad Money host replied: “Oh, okay, you came to the right guy because I've been in the bar business, the restaurant business, and the liquor business. I gotta tell you, they all stink. The problem is this: If you're looking at the alcohol business, the GLP-1s, the new generation of people actually care about their health and wellness, and getting fat. Well, alcohol's got all three. An Show less Read more
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