Jim Cramer’s Thoughts On These 8 Stocks and the Packaged Goods Playbook

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

Number of Hedge Fund Holders: 51

Cramer mentioned that Mondelez International, Inc.’s (NASDAQ:MDLZ) challenges include the impact of weight loss drugs, the high price of a key ingredient, difficulty in raising prices, and tariffs.

“Mondelez reported a quarter that verified why the stock’s been falling. Though after a lower opening and dip, buyers did come in, the stock ended the day higher. That was more about the bond market I think…

For Mondelez, the problem isn’t just the GLP-1s softening demand for its candies and its biscuits, there’s also the cost element, the price of a key ingredient, cocoa, is incredibly high right now. Most people thought that would be temporary, but it’s held an astronomical level versus where it used to trade. Cocoa’s now about four times the price that Mondelez’s had to pay historically. That’s devastating to their margins. Plus, they can’t get away with the endless raising of prices like they used to. Oh, and let’s not forget about the problem of tariffs.”

Mondelez (NASDAQ:MDLZ) manufactures and sells a wide range of snack foods and beverages, including biscuits, chocolates, gums, candies, and various grocery products. Its brand portfolio includes popular names in cookies, crackers, chocolate, and snack bars.