Jim Cramer Raises Big Question About Tariffs & Discusses These 11 Stocks

7. The Coca-Cola Company (NYSE:KO)

Number of Hedge Fund Holders In Q4 2024: 81

The Coca-Cola Company (NYSE:KO) is one of the biggest carbonated beverage companies in the world. Its shares are up by 18% year-to-date as they have benefited from the stock’s defensive nature in a market that has been roiled by recessionary concerns. The Coca-Cola Company (NYSE:KO)’s defensive nature was evident as its shares rose by 3% the day President Trump announced his tariffs. The shares gained despite the fact that the flagship S&P lost 4% during the day. Ahead of the tariff announcement, Cramer advised viewers against shorting The Coca-Cola Company (NYSE:KO):

“In terms of shorting, like if you wanna short, do you short Coca-Cola? No, cause Coca-Cola in 2000, after the NASDAQ broke, was really a terrific stock to own.”

“Look at that April 14th to April 17th 2000 period when we had this dramatic switch. Which was rather incredible, which was the fastest I’ve seen where Coca-Cola went from being a loser to a winner. I think we’re there. Coca-Cola’s having a good quarter.”