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I’m Not as Big a Fan of Coca Cola as PepsiCo: Jim Cramer

July 30, 2023
in Trade Tube
Reading Time: 1 min read
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Coca-Cola reported better-than-expected profit, thanks to a two percent boost in North American sales in the fourth quarter. Shares of the soft drink company jumped on the news. TheStreet’s Jim Cramer says Coca Cola may be showing a pulse but he still prefers to own PepsiCo. He says PepsiCo is a terrific performer and he likes that the snack foods and beverage units are under one roof instead of being broken up into two separate units as activist investor Nelson Peltz had proposed. Cramer credits PepsiCo CEO Indra Nooyi for creating the best consumer packaged company out there.

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