We recently published 13 Stocks That Jim Cramer Discussed. The Coca-Cola Company (NYSE:KO) is one of the stocks Jim Cramer recently discussed.
In his recent comment about The Coca-Cola Company (NYSE:KO), Jim Cramer has praised the firm’s CEO, Jim Quincy. His opinion of the executive is quite important due to the woes faced by the firm’s rival and peer, PepsiCo. Cramer has asserted that Quincy has continued to post strong quarterly results even as GLP-1 weight loss drugs reshape the American food market. The CNBC TV host has also outlined that The Coca-Cola Company (NYSE:KO) faces tariff uncertainty due to its aluminum beverage cans. This time, while he praised Quincy, he wondered whether mergers are the only way forward for American food companies:
“You have to begin the great merger of this sector. You have to start putting together big deals, take out big costs. . .They have to just become, this should be like a big three. It’s over. You can’t grow. James Quincy’s got, you know he’s putting up some consistent numbers at Coca-Cola. But you can’t grow. . .”
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Previously, Cramer was full of praise for the The Coca-Cola Company (NYSE:KO) CEO:
“Of course the obvious one that everyone’s gonna look at to see if it’s gonna down is Coca-Cola which down to seven cents. Coca-Cola’s, Buffett, and Coca-Cola’s really, you know Coca-Cola, James Quincy. He’s made the quarter, made the quarter, made the quarter, made the quarter. He’s been remarkable.”
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Disclosure: None. This article is originally published at Insider Monkey.