Jim Cramer Discusses These 12 Stocks & Shares Big Buying Signal

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10. PepsiCo, Inc. (NASDAQ:PEP)

Number of Hedge Fund Holders In Q4 2024: 69

PepsiCo, Inc. (NASDAQ:PEP) is one of the largest consumer beverage companies in the world. Its shares are down by 13% over the past year due to high inflation, eroding demand, and an inability to consistently raise prices. Cramer’s previous remarks about PepsiCo, Inc. (NASDAQ:PEP) have praised the firm’s CEO Ramon Laguarta. However, he also believes that the firm is struggling because of the impact of GLP-1 drugs on the snack industry. Yet, while Cramer thinks that PepsiCo, Inc. (NASDAQ:PEP) has to figure out how to navigate lower demand for snacks, he also believes that if there’s one firm that can figure it out, it’s Pepsi. Here are his latest comments:

“No, Doritos obviously PepsiCo got a real hit, went down below 150.

“Pepsi’s GLP-1 on the Fritos side.  And now at least, one of the things that’s great about Ramon Laguarta, he’s actually even willing to mention GLP-1. GLP-1 is such a curse word among the food and beverages.”

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