PepsiCo, Inc. (NASDAQ:PEP) is one of the stocks Jim Cramer shared insights on. Cramer called it a “premier growth company” and said:
“I know PepsiCo’s never going to be up 100 points in one day, but if you’re building a diversified portfolio of mostly growth stocks, as you should, you can do a lot worse than owning a premier growth company like PepsiCo. And by the way, it still is a premier growth company. Why PepsiCo? First and most cogent, Elliott Management just took a $4 billion stake in PEP. And this activist hedge fund wants change… You got a $142 stock here that traded at 196 two and a half years ago, and it now, because it’s fallen so much, yields almost 4%.
ja-san-miguel-xYSp0kkIUio-unsplash
PepsiCo, Inc. (NASDAQ:PEP) produces and markets beverages and convenient foods and provides snacks, cereals, dairy, and drinks.
While we acknowledge the potential of PEP 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.
READ 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.
