13 Stocks That Jim Cramer Discussed

9. PepsiCo, Inc. (NASDAQ:PEP)

Number of Hedge Fund Holders In Q2 2025: 68

PepsiCo, Inc. (NASDAQ:PEP)’s been quite notorious lately as the shares have lost 4% after activist investor Elliott Management announced a $4 billion stake in the firm. Cramer has regularly discussed the firm in 2025 and attributed some of its woes to GLP-1 weight loss drugs and their impact on the demand for food products. He discussed PepsiCo, Inc. (NASDAQ:PEP) in detail during this appearance:

“You know Pepsi yields four. Well below where Elliott did it. Now if you compound Pepsi at four, and you think that they’re going to do it, that’s going to be good, that’s a good sign.

“People feel that there’s a lot of costs. Look I would want to pivot and go very heavily towards the stuff that GLP does. Look they don’t have to do protein, because Dr. Topol’s saying, you know the protein bars, it’s all too much. But the answer is, you take out costs, but I think you have to begin the great merger of this sector. You have to begin the great merger of this sector. You have to start putting together big deals, take out big costs. . .It’s over. You can’t grow. . .you can’t grow and maybe under this administration you could put together a Hormel, Pepsi, I don’t know what.

“Look what am I gonna do? If I’m PepsiCo, okay I mean, if you split it up. . .”