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The Kraft Heinz Company (NASDAQ:KHC) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. Cramer highlighted the company’s latest quarter, as he remarked:

Alright, something happened this morning, I couldn’t believe it. I thought my eyes were playing tricks on me because Kraft Heinz, the packaged foods powerhouse, reported a much better-than-expected quarter. The stock actually popped today, rallying over 2%. Keep in mind, this thing’s been drifting steadily lower for four years. It’s been not a great stock to the point where Kraft Heinz decided to break itself up, bringing in Steve Cahillane, the guy who orchestrated the Kellogg breakup that was so smart as its new CEO. And all the way, the stock kept getting clobbered. But today, Kraft Heinz posted a clean upside surprise, albeit versus low expectations.

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The Kraft Heinz Company (NASDAQ:KHC) produces food and beverage products, including condiments, dairy, meals, meats, beverages, and snacks. Cramer highlighted his “radical plan” for the company during the March 12 episode, as he commented:

… My radical plan. It’s time for the food companies to consolidate. And the consolidator, the only person who’s actually been able to make money in this group for shareholders in a huge way, that’s Steve Cahillane. He’s the CEO of Kraft Heinz. Now, if you remember, Steve split Kellogg into the old WK Kellogg for cereal and Kellanova for snacks. Less than a year later, he sold Kellanova, which he stayed with by the way, for huge amount to Mars. Then less than two years after that, WK Kellogg caught a bid from Ferrero. That’s much more than you return when you’ve gotten, you would’ve crushed the S&P over a three and a half year period with a food company. As for Kraft Heinz, it was going to split into two before Steve got there at the beginning of the year. He canned that plan quickly. He said that the company was weaker than he thought. Needed to improve. Forthright. That’s what I want. I say forget the noise. I am the signal.

It’s time that Steve Cahillane put together all four of these packaged food companies into one brand powerhouse. He could pick and choose the fast-growing brands. The slower-growing brands go to another company. The ones that shouldn’t be even brands anymore, well, he can just get rid of them. He can divide them into separate businesses like he did with Kellogg. There’s a million things he could do. Why now? Because under Trump, the Justice Department and the Federal Trade Commission will probably bless any of these deals. It’s a once-in-a-lifetime opportunity where they simply don’t need to worry about antitrust enforcement.

While we acknowledge the potential of KHC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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