Jim Cramer Discusses These 11 Stocks & President Trump’s Tariffs

6. The Campbell’s Company (NYSE:CPB)

Number of Hedge Fund Holders In Q4 2024: 30

The Campbell’s Company (NYSE:CPB) is an American food products firm. Its shares have lost 5.4% over the past year and are down by 5.3% year-to-date. The firm has struggled due to a variety of factors such as high inflation, a profit hit from selling its popcorn business, and sluggish consumer demand due to high inflation and other trends. The Campbell’s Company (NYSE:CPB)’s shares dipped by 3% in March after the firm’s fiscal Q2 earnings and sales dropped by 2% and 8%, respectively. Here’s what Cramer said about the firm:

“I’m sorry I was looking at the new Goldfish I just got. The Harry Potter butterbeer Goldfish. Now they’ve been trying to extend the line of Goldfish. There’s all sorts of different kinds of Goldfish. It’s almost like. I’m waiting for the one that we had that died and floated to the top.”

“The problem is snacks. Snacks are doing quite badly. Okay. Much worse than people thought. The conference call was a little grim. David this [writes GLP-1 on the stock price graph] is what they won’t talk about. Why won’t they talk about it? Because it’s existential. That’s not like wait a second, we got Harry Potter and next we’re gonna have Superman and after that we’re gonna have, I don’t know, Ryan Reynolds. Just Ryan Reynolds. Whatever. Women love him. Okay. So there you go.”

“Maybe they should have GLP-1 in the food.”

“But I will tell you, David, that this is a shock. Because snacks have been pretty good. And Goldfish has been one of the greatest brands of all time.”

“Really bad. The organic sales guidance. The volume mix declines, lower net price, pretzels aren’t selling well. . . David, one thing is really good about it. This stuff is not made in Mexico. Okay.”