Jim Cramer Discussed These 18 Stocks After Major AI Event

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

Number of Hedge Fund Holders In Q3 2024: 30

The J. M. Smucker Company (NYSE:SJM) is one of the best-known American food snacks companies. It’s one of the safe stocks that Cramer discussed in the introduction to our post. The J. M. Smucker Company (NYSE:SJM)’s shares are down by 22% over the past year, and they have lost 8.8% year-to-date. The weak share price performance has primarily been due to inflation forcing cost-conscious customers to alternative brands. The J. M. Smucker Company (NYSE:SJM)’s acquired Twinkie maker Hostess Brands for $6 billion in 2023 and Cramer’s comments surrounded the deal:

“I would point out by the way, Mr. Smucker has told me there has been absolutely nothing wrong with the Twinkie deal.”