- KHC +1.23%
The Kraft Heinz Company (NASDAQ:KHC) is one of the stocks Jim Cramer recently talked about. When a caller mentioned that they have been pondering whether to invest in the stock or let it go, Cramer remarked:
“You’re going to have to let that one go. The fact is that Kraft Heinz, they’re bad brands. And you know what? There are such a thing as bad brands. In the old days, there weren’t. There was always something that would sell. The new consumer just isn’t buying Kraft Heinz. So I don’t think you should either.”
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The Kraft Heinz Company (NASDAQ:KHC) produces food and beverage products, including condiments, dairy, meals, meats, beverages, and snacks under brands like Kraft, Heinz, Oscar Mayer, and Philadelphia. Cramer discussed the company during the July 14 episode and stated:
“I mean, you could see… Kraft Heinz. It’s reportedly breaking up soon. People are yawning. So what, so what they’re saying, big deal. I say, no, that is dead wrong. The company’s said to be planning to keep its faster-growing brands, like maybe Heinz Ketchup, a lot of new derivatives there… Philadelphia Cream Cheese, while separating the brands with the slowest growth, like Oscar Mayer packaged foods, Velveeta cheese.
While we acknowledge the potential of KHC 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.
Story ContinuesREAD 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.
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