Jim Cramer Discusses These 11 Stocks & President Trump

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

Number of Hedge Fund Holders In Q3 2024: 51

Mondelez International, Inc. (NASDAQ:MDLZ) is a food products company known primarily for its chocolates. High cocoa prices have forced it to raise prices which has dented the demand for its products. Consequently, Mondelez International, Inc. (NASDAQ:MDLZ)’s shares have lost 23% over the past year. Cramer’s previous remarks for the firm have been pessimistic as he has indicated that the cocoa prices have dented investor enthusiasm for the shares. Here are his latest comments for Mondelez International, Inc. (NASDAQ:MDLZ):

“But when you listen to Mondelez they’ve been saying that for a long time and it’s done them absolutely no good. Mondelez being what was a fantastic stock, now you can’t, I’d beat you on your head with a Toblerone and you wouldn’t even feel it.”

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