TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Monday's trending stocks including Hershey (HSY) - Get Report , Amplify Snack Brands (BETR) , Twitter (TWTR) - Get Report , Snap (SNAP) - Get Report and Procter & Gamble (PG) - Get Report .
Hershey - Amplify Snack Brands
Hershey agreed to buy Amplify Snack Brands on Monday for $1.6 billion.
"The snacks are the millennial favorite," said Cramer, adding that Pepsico (PEP) - Get Report owns the greatest snack company, Frito-Lay, which other companies are trying to nibble at. TheStreet's Brian Sozzi talked with Hershey CEO Michele Buck about the big deal.
Pepsico is a holding of Action Alerts PLUS.
JPMorgan Upgrades Twitter
Amid news that JPMorgan Chase upgraded Twitter, Cramer said the strategy of shorting Snap and longing Twitter has panned out.
Cramer pointed to Twitter's four quarters of daily average user growth.
Procter & Gamble Adds Nelson Peltz to Board
Procter & Gamble adding Trian's Nelson Peltz to its board adds to the allure of Procter, according to Cramer.
Cramer said Trian wants to upend the model of Procter & Gamble.
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