Jim Cramer: Pepsi Probiotic Purchase Won't Pop Stock

Probiotics are hot, so Pepsi's purchase of KeVita makes sense, Jim Cramer says -- but the consumer staples sector is out of favor now.
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Probiotics are hot, so PepsiCo's (PEP) - Get Report purchase of KeVita makes sense, TheStreet's Jim Cramer said. But he added that the consumer staples sector is out of favor now. PepsiCo said on Tuesday it would buy health beverage maker KeVita in order to tap health-conscious consumers. KeVita offers more than two dozen flavors of probiotic drinks, all of which are certified organic, gluten-free and vegan.