Jim Cramer Said AI Is A “Souped-Up Google” As He Discussed These 11 Stocks

Page 7 of 10

4. The J. M. Smucker Company (NYSE:SJM)

Number of Hedge Fund Holders In Q2 2025: 36

The J. M. Smucker Company (NYSE:SJM) is a well-known American food products company with a variety of brands under its portfolio, such as Folgers, Dunkin’, and Hostess. The firm’s shares have lost 5% year-to-date, and Cramer has discussed them several times this year. In nearly all of his appearances, the CNBC TV host has lamented The J. M. Smucker Company (NYSE:SJM)’s decision to buy Hostess Brands. Naturally, Hostess made an appearance once again:

“Okay, David, Smucker’s the stock as Carl mentioned, is down really badly and September 11 of 2023 they bought a company called Hostess. Okay. And they paid 5.6 billion dollars including debt and they are still paying the price for that because this was still while they were trying to cut the, they’re trying to do everything they can to rationalize this. It still keeps hurting them. Coffee was okay, they raised the price of coffee because of the, obviously, inflation. And tariffs, Brazil. I liked the Uncrustables, Uncrustables are doing incredibly well, number one in frozen food, but it’s going to keep coming back to this sweet baked snacks. And David I just can’t be happy about it. I just can’t. By the way, they are, they’ve done what they can, pet food, which is fine. So you have pet food, okay, coffee, pretty good, Uncrustables, great. But you have this just black hole.

“Anyway, Smucker I think is probably a buy down here. They’ve got a good yield. The balance sheet’s okay. They made a mistake, and they’re paying the price for something they did two years ago. But I don’t like the food stocks, they’re still not making a comeback. Including General Mills, still not making a comeback.”

Page 7 of 10