Americans Don't Want To Buy Branded Biscuits, Says Jim Cramer About Mondelez (MDLZ)

We recently published Jim Cramer Talked About These 14 Stocks & Discussed AI And Layoffs. Mondelez International, Inc. (NASDAQ:MDLZ) is one of the stocks Jim Cramer recently discussed.

Mondelez International, Inc. (NASDAQ:MDLZ) reported its earnings earlier this week, which saw the firm post $9.74 billion in revenue to beat analyst estimates. However, the firm added that its full-year EPS could drop by 15%, which was higher than the earlier estimate of 10%. Cramer discussed Mondelez International, Inc. (NASDAQ:MDLZ) in the context of price-conscious Americans choosing to prefer value over branded products:

“Look, I want to talk about Mondelez. I know that people think why bring that up. . .well Mondelez makes biscuits, okay. . .they make belVita, okay. belVita breakfast biscuits. You go to, if you go to Costco, you can have a Costco biscuit for literally, one third of the price of a Mondelez biscuit. These guys cited biscuits as being weak in America.  Well I am saying is that the American consumer is getting choosier. And they’re not going to pay up for a branded version belVita if they can buy just a Costco biscuit.”

While we acknowledge the potential of MDLZ 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.

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