Jim Cramer Likes PepsiCo, Lockheed Martin, Delta, and Southwest

TheStreet’s Jim Cramer recommends PepsiCo (PEP) as an inexpensive stock with growth opportunities. PepsiCo is a big holding in the Action Alerts PLUS charitable trust, which Cramer manages. Cramer made the comment while answering viewers questions from social media. Cramer was asked about holdings in the airline industry, and he responded that he likes Southwest (LUV) and Delta (DAL), but he’s not expecting the stocks to take off any time soon. He also mentioned that he still likes Lockheed Martin (LMT), saying the stock is cheap. Cramer also commented on IBM (IBM), which has risen as of late. Cramer said the stock is a weak dollar play, adding, ‘I did not get the quarter I wanted, but it is improving.’ Cramer also commented on FMC (FMC) and National Beverage (FIZZ).