for the past five years, Jim Cramer said on his
"RealMoney" radio show Thursday that it is now a stock that market players need to be careful with.
Though Pepsi is known for its drinks, it is also in the snack-food business, and Cramer said he is "very concerned" that the anti-trans-fat trend is going to hurt Pepsi's Frito-Lay business.
Frito-Lay could see a slowdown in growth, which Cramer isn't sure the company would be able to weather.
The real issue is obesity, and a major factor in that is the sheer grams of fat you consume, and Frito-Lay is the king of grams of fat.
But Pepsi is developing a division of natural-food snacks that are supposedly healthier and taste just as good as its other snacks. It recently bought
Stacy's Pita Chip Company
But as Cramer is a partner at the snack-food company
, he knows the difficulty of dealing with snacks and doesn't know if Pepsi's latest move will help.
If Pepsi's growth rate slows, it could go to $55, from $61, he said.
"Be careful with Pepsi," Cramer warned. "It might be
too little, too late
is a company he believes that people should want to own.
Cramer said he got this company wrong. He didn't like this stock much in the past, but now he sees that Bunge's edible oils "are rapidly taking the place of trans-fatty oils," which are used to cook at restaurants.
recently announced that its Taco Bell fast-food restaurant chain is switching to Bunge's trans-fat-free frying oil.
This is the stock to own, he said.
Rally Is Unreal
There is an "unprecedented rally" taking place right now, even though it is options-expiration week, Cramer said.
Every options expiration week there is a day when the market goes up big and a day when the market goes down big, he explained. However, this week, market players haven't witnessed a single down day, "which is remarkable," Cramer said.
"The market is performing spectacularly," he continued.
Las Vegas Sands
are all up again, Cramer said.
"I am flabbergasted," he said. "Money is flooding into the stock market," and there should be more upside.
should move higher, as should
, both of which Cramer owns for his charitable trust,
Action Alerts PLUS, he said.
There are not enough champions of stocks, Cramer said. He encouraged people to get in the game, as it is the best way to make some real money.
Before buying a stock, market players need to check out the company's fundamentals, Cramer told viewers.
as examples, he said on Wednesday Talbots reported a "disappointing" quarter.
The company doesn't have much cooking, Cramer said. Although Talbots is not a "disaster," it is no longer the way to play the baby boomers as its fundamentals have been disappointing, he said.
Meanwhile, Coldwater Creek blew away its quarter, Cramer said. It has a great catalog, Web site and stores, he said.
Talbots is not going up, Cramer said, and Coldwater Creek is the winner.
Moving on, he told viewers that
was too good a brand to stay independent.
People who were in it should have caught a good return, but now it's time to sell it because it probably won't get another bid, Cramer said.
Every week readers of
vote on the stock they most want Cramer to talk about. This week's "Cramer's On Demand" stock was
Cramer said if there was a speeding ticket for stocks, Wynn would get one, as it has been moving higher very quickly.
And he doesn't believe the stock is done going up. However, if market players have made a profit with Wynn, Cramer encouraged them to take some profits.
Part of the reason Wynn is such an "amazing situation," is that the tables at Macau casinos produce seven times the revenue than the tables in Las Vegas, and Wynn has exposure there.
Cramer said it's OK to own any casino in Macau, such as Wynn or
Las Vegas Sands
"These companies are on fire, but are trades" he said.
The stock Cramer said he's been playing with for his charitable trust,
Action Alerts PLUS, is one that is also on the move, but it is less risky --
International Game Technology
is a triple buy," Cramer told a caller.
USG, which is the largest maker of gypsum, has gotten rid of its asbestos problem and is ready to go higher, he said. All the stocks related to housing have bounced except USG, so Cramer said he expects to see a bounce in USG soon -- especially because Warren Buffett is buying it.
"USG may be the cheapest stock on the
," he said.
Responding to his next caller, Cramer said if he owned 200 shares of
, he would sell 100 shares and get "a nice little return," as the stock is at its 52-week high.
If it goes lower he said he would buy some back.
Starbucks' long-term thesis is intact, which is that it's moving aggressively into China, Cramer said. Plus, he likes the company because he believes that it pays attention to detail.
( PALM), however, is a stock Cramer said he doesn't really care for.
His best-of-breed pick in this area is
Research In Motion
Research In Motion is better than Palm and should have a great holiday season, Cramer said.
When a caller inquired about
, Cramer advised selling it.
Delta is "going to be worthless," and, thus, there is no reason to own it, he said.
At the time of publication, Cramer was long Altria, International Game Technology and Goldman Sachs.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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