The Coca-Cola Company (KO) Had A Good Quarter, Says Jim Cramer

We recently published 12 Stocks Jim Cramer Discussed As He Said “Pilots Are Too Expensive”. The Coca-Cola Company (NYSE:KO) is one of the stocks Jim Cramer recently discussed.

The Coca-Cola Company (NYSE:KO)’s shares have lost 2.5% since the firm reported its earnings. The results saw its 87 cents in EPS and $12.62 billion in revenue beat analyst estimates. However, President Trump’s assertion that The Coca-Cola Company (NYSE:KO) use cane sugar in its products led to investor worries about higher costs. Cramer commented on cane sugar and The Coca-Cola Company (NYSE:KO):

“There’s going to be cane sugar, everywhere. You’d be able to get it. . .the President likes it. He’s in charge, the President.

“Well I just think that Coca-Cola was actually a good quarter. That was it perfect? No. They have a problem, look everyone, they have a problem with aluminum. They have a problem, David. They have a tariff problem.

“When I go to a bar in San Miguel, we would serve Coca-Cola, we’d bang them for eight bucks. I mean people really wanted that stuff. Uh, but it tastes very sweet. And it’s natural. And they’ve always been able to supply here. So it’s not going to be a big problem for Quincey.

“This is another thing that James is really, really good at. Was it a blowout quarter that I’m used to? No. There were some regions that were weaker. And that was, that was hard.

“James Quincy did not pull a rabbit out of the hat. He’s got tariff problems and he didn’t have growth in certain regions and I don’t think he was consumed by sugarcane but it certainly, hit him.”

While we acknowledge the potential of KO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, 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.