The Kraft Heinz Company (KHC) Might Be Better Off With A Big Deal, Says Jim Cramer

We recently published 13 Stocks That Jim Cramer Discussed. The Kraft Heinz Company (NASDAQ:KHC) is one of the stocks Jim Cramer recently discussed.

Since The Kraft Heinz Company (NASDAQ:KHC) announced that it would reverse its 2014 merger, Cramer has regularly discussed the stock during his morning show. The decision was historic since it disappointed none other than the Oracle of Omaha, Warren Buffett. While The Kraft Heinz Company (NASDAQ:KHC) is splitting up, Cramer believes that food companies need to head in the opposite direction. The CNBC TV host holds the unorthodox opinion because he believes that GLP-1 weight loss drugs have permanently altered the demand for food products in America. Here are Cramer’s latest thoughts about The Kraft Heinz Company (NASDAQ:KHC):

“You have to begin the great merger of this sector. You have to start putting together big deals, take out big costs. You know Kraft Heinz, Conagra, you know I mean that kind of thing. They have to just become, this should be like a big three. It’s over. You can’t grow.”

Previously, Cramer shed some light on why The Kraft Heinz Company (NASDAQ:KHC) might be struggling:

“Kraft Heinz is a tough deal. When you go to the supermarket, you say oh, remember that? . . .Here’s the problem David. Those are what I call old brands. Now that doesn’t mean they don’t love them. But it does mean Oscar Mayer, how many chemicals?”

While we acknowledge the risk and potential of KHC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KHC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.