Jim Cramer’s Game Plan for Next Week: 25 Stocks in Focus

18. PepsiCo, Inc. (NASDAQ:PEP)

Number of Hedge Fund Holders: 69

PepsiCo, Inc. (NASDAQ:PEP) was mentioned during the game plan as Cramer discussed:

“Now we had a rotation in the soft goods going on today… By the way, they really benefit from the weaker dollar. I know all the buzzing heads say, listen, weaker dollar bad. But again, as I emphasize almost every night, because they keep emphasizing, it’s good for our companies. We’re going to hear from PepsiCo, that’s going to be a tougher lift. They used to be recession-resistant, but Procter does a lot of business in China. PepsiCo’s got potato chips that have become too expensive.”

PepsiCo (NASDAQ:PEP) is a well-known name and is engaged in producing, marketing, and distributing a variety of beverages and snacks, with well-known brands such as Lay’s, Gatorade, Pepsi, Doritos, Tropicana, and Aquafina. In March, whilst discussing the company, Cramer said:

“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.”