12 Stocks Jim Cramer Discussed As He Said “Pilots Are Too Expensive”

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9. PepsiCo, Inc. (NASDAQ:PEP)

Number of Hedge Fund Holders In Q1 2025: 71

PepsiCo, Inc. (NASDAQ:PEP)’s shares, unlike rival Coca-Cola, jumped by 7.5% after the firm’s latest earnings report. The shares gained as investors remained bullish about the firm’s turnaround plan, which aims to focus on protein and a rebranding of its snack products. Cramer discussed why PepsiCo, Inc. (NASDAQ:PEP) performed better and praised the firm’s CEO Ramon Laguarta:

“But Pepsi had the, they had the anti-GLP-1s. That was the beginning of the end of the era where people just said you know what, I can, I only need to eat one. They’re back. The eaters are back. . .the cheaper way to get GLP-1s is gone.

“Did you see the Pepsi number while you were away? It was fantastic. And, Ramon Laguarta is delivering. He’s delivering more than, than James because he’s got snacks that have been nowhere. His stock is at 134, everyone thought it was going to go to 129. Where it would have a very big yield. Laguarta pulled a rabbit out of a hat. James Quincy did not pull a rabbit out of the hat. He’s got tariff problems and he didn’t have growth in certain regions and I don’t think he was consumed by sugarcane but it certainly, hit him.”

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