Jim Cramer: Why We're Trimming Pepsico
Jim Cramer explains why he is trimming Pepsico stock for his Action Alerts Plus portfolio.
As Pepsico (PEP) - Get Report prepares to report earnings, Jim Cramer says his ActionAlertsPlus.com portfolio is trimming the company's stock.
Cramer declared Pepsico to be the best of a bad group, calling it the best house in a really bad neighborhood.
He raises the question of whether you can own a stock if it is in a group that's doing badly?
Cramer goes on to warn that if you try to get into everything that's hot, you end up with something that's cold.
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