Jim Cramer on Pepsi: “You Own That Stock, Do Not Trade It”
PepsiCo, Inc. (NASDAQ:PEP) is one of the stocks Jim Cramer offered insights on. A caller expressed concern over the stock purchased at 4 billion investment from Elliott Management, and asked whether to hold, buy more, or exit the position. Cramer said: “Right here at 141, it is bottoming… You know it’s that 4% yield… That 4% yield brings people in because it’s a safe yield, and I think that management is getting energized to do some good things. You own that s ...