Jim Cramer Rubbished Circular AI Deals & Commented On These 18 Stocks

Page 12 of 12

6. PepsiCo, Inc. (NASDAQ:PEP)

Number of Hedge Fund Holdings in Q4 2025: 74

Food and beverages firm PepsiCo, Inc. (NASDAQ:PEP)’s shares are up by 7.9% over the past year and by 8.9% year-to-date. Banking giant JPMorgan discussed the firm on April 8th. It cut the share price target to $172 from $176 and kept an Overweight rating on PepsiCo, Inc. (NASDAQ:PEP)’s shares. JPMorgan’s coverage came after the food company maintained its 2026 organic sales growth guidance at 2.5%. On the 7th, Bank of America had reiterated a Neutral rating and a $173 share price target for PepsiCo, Inc. (NASDAQ:PEP). The firm’s upcoming earnings were part of the coverage, as BofA commented that it expected the company to deliver earnings that were in line with analyst estimates. Cramer discussed the earnings report and also remarked on the disruption in the aluminum market stemming from the conflict in Iran:

“Well Pepsi, Ramon’s hedged against, he’s hedged on aluminum, Pepsi, he’s hedged.

“Yeah I thought it was a great quarter but you know the stock is up a lot. Ramon did a great job, he understands the smaller packages. But I thought the Gatorade hydration product, you hydrate faster with Gatorade than you do with water, science proven. . .this is also going to be a very hot product.”

While we acknowledge the potential of 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.

Click to continue reading and see Jim Cramer Rubbished Circular AI Deals & Commented On These 5 Stocks.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 12 of 12