Jim Cramer Discusses These 10 Stocks & DeepSeek’s Limitations

5. Mondelez International, Inc. (NASDAQ:MDLZ)

Number of Hedge Fund Holders In Q3 2024: 51

Mondelez International, Inc. (NASDAQ:MDLZ) is a confectionery company known for products such as Dairy Milk and Oreos. The firm struggled with inflation throughout 2024 as lower purchasing power due to inflation meant that consumers shifted spending to necessary and affordable items. The slow spending meant that Mondelez International, Inc. (NASDAQ:MDLZ)’s stock lost 17.4% in 2024, with the drop driven by a mix of low volumes and consumer boycotts of Western brands in emerging markets. Cramer commented that while Mondelez International, Inc. (NASDAQ:MDLZ) was a top retail stock before, now the sentiment has soured:

“It had been Mondelez but the price of cocoa is up too much, people don’t like Mondelez as much.”