Buy, Sell, or Hold? Jim Cramer Evaluates 5 Stocks and the Fragile Food Market

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1. PepsiCo, Inc. (NASDAQ:PEP)

PepsiCo, Inc. (NASDAQ:PEP) is one of the stocks Jim Cramer evaluated, along with the fragile food market. A caller asked if it is time to get out of the stock, and Cramer replied:

No… This is at the crux of what I’m talking about. I don’t want people selling good stocks because of short-term concerns. You get a 3.5% yield. You’ve got CEO, Ramon Laguarta who’s doing a terrific job. You’ve got the best food and beverage play. I don’t want you selling.

PepsiCo, Inc. (NASDAQ:PEP) produces, markets, and distributes beverages and convenient foods, including snacks, cereals, dairy, and ready-to-drink products. Cramer mentioned the stock during his game plan presented during the episode aired on January 30. He stated:

Now, Tuesday’s filled with high-profile companies like PepsiCo, Merck, and Pfizer in the morning. I worry about PepsiCo because of its snack division, Frito-Lay. It’s struggling, a casualty of the GLP-1 weight loss drugs. At the same time, CEO Ramon Laguarta could be ready to take some serious actions to lessen the company’s dependence on snacks. Now, the stock did close almost five points higher today. That’s a huge move for the stock. Maybe something’s going on, or that whole group just went nuts today after a great quarter from Colgate.

While we acknowledge the potential of PepsiCo, Inc. (NASDAQ:PEP) to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PEP and that has 100x upside potential, check out our report about the cheapest AI stock.

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