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Cramer Picks PepsiCo in Oil Drop Play | Raleigh News
Jim Cramer’s stock-picking method flips the script: start with macro trends like falling gas prices, then target industries that thrive in those conditions—like consumer staples—and finally zero in on specific plays. His current focus? PepsiCo, which benefits when oil drops (more cash for snacks and drinks) and pays a juicy 4% dividend. The company’s CEO admits high gas prices hurt spending, so lower prices could be a game-changer. Meanwhile, activist Elliott has been pushing for structural changes—including selling off food assets and streamlining bottling—for over a year, and recent…
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