Jim Cramer’s 15 Stock Calls, Including Salesforce and Cisco, and Possible Opportunities

9. The Kraft Heinz Company (NASDAQ:KHC)

The Kraft Heinz Company (NASDAQ:KHC) was among Jim Cramer’s stock calls on Mad Money, as he highlighted several opportunities in out-of-favor sectors. Cramer showed faith in the company’s CEO, as he remarked:

Finally, alright, I’m going to put my neck in there, I want to take on the risk of owning Kraft Heinz with CEO Steve Cahillane, the miracle worker who made you a huge amount of money with Kellogg in that breakup at a time when the rest of the industry was falling apart. Steve came on the show not that long ago and laid out a vision that could turbocharge old, lost brands. I hope he can pull it off and save the dividend. Currently yields 6.85%. Now, this is faith-based investing, though, as I have faith in Steve after what he did with the arguably more difficult Kellogg. But I don’t have all that much faith in Kraft or Heinz after previous management gutted the company.

The Kraft Heinz Company (NASDAQ:KHC) produces food and beverage products, including condiments, dairy, meals, meats, beverages, and snacks.