The Kraft Heinz Company (KHC) Might Be Better Off With A Big Deal, Says Jim Cramer

We recently published 13 Stocks That Jim Cramer Discussed. The Kraft Heinz Company (NASDAQ:KHC) is one of the stocks Jim Cramer recently discussed.

Since The Kraft Heinz Company (NASDAQ:KHC) announced that it would reverse its 2014 merger, Cramer has regularly discussed the stock during his morning show. The decision was historic since it disappointed none other than the Oracle of Omaha, Warren Buffett. While The Kraft Heinz Company (NASDAQ:KHC) is splitting up, Cramer believes that food companies need to head in the opposite direction. The CNBC TV host holds the unorthodox opinion because he believes that GLP-1 weight loss drugs have permanently altered the demand for food products in America. Here are Cramer’s latest thoughts about The Kraft Heinz Company (NASDAQ:KHC):

“You have to begin the great merger of this sector. You have to start putting together big deals, take out big costs. You know Kraft Heinz, Conagra, you know I mean that kind of thing. They have to just become, this should be like a big three. It’s over. You can’t grow.”

Previously, Cramer shed some light on why The Kraft Heinz Company (NASDAQ:KHC) might be struggling:

“Kraft Heinz is a tough deal. When you go to the supermarket, you say oh, remember that? . . .Here’s the problem David. Those are what I call old brands. Now that doesn’t mean they don’t love them. But it does mean Oscar Mayer, how many chemicals?”

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Disclosure: None. This article is originally published at Insider Monkey.