Jim Cramer on PepsiCo: "They Probably Have Something in Your Fridge or Your Pantry"

PepsiCo, Inc. (NASDAQ:PEP) is one of the stocks that Jim Cramer shed light on. Discussing large-cap stocks that went up 10 bucks in a single session, Cramer mentioned the company during the episode, as he said:

“First, the good news. These gains are anything but isolated. We’re getting a bunch of them each day. Today, we saw PepsiCo soar about 10 bucks. PepsiCo. Why? Better than expected numbers, of course, a turn in the fortunes of unhealthy foods, better executions, and a look of a variety of different products. PepsiCo isn’t some tiny micro-cap stock. It’s not like some meme cyber player or uranium bottle rocket, and it is not part of the Palantir empire. They probably have something in your fridge or your pantry. Take that, Palantir.”

MAHATHIR MOHD YASIN / Shutterstock.com PepsiCo, Inc. (NASDAQ:PEP) operates as a major producer, marketer, and distributor of a diverse portfolio of beverage and snack products. The company’s brand lineup includes Lay’s, Gatorade, Pepsi, Doritos, Tropicana, and Aquafina. While we acknowledge the potential of PEP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the 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 is originally published at Insider Monkey.