Jim Cramer Says The Day “Everything’s A Lot More Expensive” Is Coming & Discusses These 10 Stocks

2. PepsiCo, Inc. (NASDAQ:PEP)

Number of Hedge Fund Holders In Q4 2024: 69

PepsiCo, Inc. (NASDAQ:PEP) is another frequent feature of Cramer’s morning show. In most of his appearances, the CNBC host has been full of praise for the firm’s CEO and pointed out that GLP-1 drugs create long-term headwinds for the firm. PepsiCo, Inc. (NASDAQ:PEP)’s shares have lost 10% year-to-date, with the latest drop coming in April after the firm’s first-quarter earnings missed analyst estimates. Here’s what Cramer said about the firm:

“David, PepsiCo, the research is so negative, that I struggle to think in their 4% yield, they have almost the multiple of, of, the lowest multiple in the group. And this was a very good company.”

“No, this is a premier company that is being besieged by GLP-1, by Bobby Kennedy Jr. in his serious. . .assault”