Jim Cramer’s Game Plan for This Week: 16 Stocks in Focus

4. The Coca-Cola Company (NYSE:KO)

Number of Hedge Fund Holders: 81

Cramer highlighted that The Coca-Cola Company (NYSE:KO) is the only company that is “hanging in” in the consumer products group, as he said:

“On the other side of the economic spectrum, we have Coca-Cola. It’ll be interesting to see if Coca-Cola can maintain its momentum. It’s the only stock in the consumer products group that I follow that’s still hanging in there after a brutal week for the cohort. Did you see PepsiCo? Holy cow.”

Coca-Cola (NYSE:KO) manufactures a variety of nonalcoholic beverages, including soft drinks, water, tea, juice, and plant-based options. It also sells beverage concentrates and syrups through retail outlets. On March 31, during Squawk on the Street’s episode, Cramer remarked:

“In terms of shorting, like if you wanna short, do you short Coca-Cola? No, cause Coca-Cola in 2000, after the NASDAQ broke, was really a terrific stock to own…. Look at that April 14th to April 17th 2000 period when we had this dramatic switch. Which was rather incredible, which was the fastest I’ve seen where Coca-Cola went from being a loser to a winner. I think we’re there. Coca-Cola’s having a good quarter.”