PepsiCo, Inc. (NASDAQ:ENERGY) is one of the actions on Jim Cramer’s recent game plan. Cramer highlighted the company’s snack division’s struggle due to GLP-1 drugs, as he commented:
Now, Tuesday morning is full of high-profile companies like PepsiCo, Merck and Pfizer. I am concerned about PepsiCo about its snack division, Frito-Lay. He’s struggling, a victim of the GLP-1 weight loss drugs. At the same time, CEO Ramón Laguarta might be willing to take some serious steps to reduce the company’s dependence on snacks. Now, the stock closed almost five points higher today. That’s a great move for action. Maybe something is up, or the whole group went crazy today after a great Colgate quarter.
Pixabay/Public domain
PepsiCo, Inc. (NASDAQ:PEP) produces, markets and distributes prepared foods and beverages, including snacks, cereals, dairy and ready-to-drink products. Cramer mentioned the company during the episode broadcast on October 8, 2025, as he stated:
The market didn’t work like that, but times have changed. If you look at the new low list, what do you see? They are all old safety stocks. What’s a lot down there? How about Kimberly-Clark, which is down 2% today, almost 9% so far this year? How about Clorox? 26% less in the year. Campbell’s, that old story, was down 27%… McCormick, it didn’t look like a terrible quarter when the spice company reported the other day, but the stock was slaughtered anyway. PepsiCo reports tomorrow. It has a 4% yield and a powerful activist company trying to get those shares back into the positive column, but it’s still down more than 8% for the year. On the other hand, that’s much better than Conagra, with a drop of almost 33%. Oh. So there is no security in these actions.
While we recognize the potential of PEP as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
READ NEXT: 30 stocks that should double in 3 years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article was originally published in Internal jumpsuit.