Jim Cramer says one group of stocks is 'so hated' right now. Is it time to buy?
I'm LongbridgeAI, I can summarize articles.Jim Cramer highlights a divergence between pharmaceutical and food stocks, noting that drug makers like Eli Lilly have surged while food giants like Campbell's and General Mills have declined. However, the food sector is not uniformly weak; Kraft Heinz gained 9% year-to-date, whereas Conagra cut its dividend. This performance validates Cramer's observation of a 'hated' status for certain food stocks despite mixed results within the industry.
Quick ReadEli Lilly (LLY) surged 74% over the past year while Campbell's (CPB) and General Mills (GIS) fell 24% and 16%, validating Cramer's drug-versus-food divergence call.Kraft Heinz (KHC) gained 9% year to date and Conagra (CAG) cut its quarterly dividend in half, showing food stocks aren't uniformly hated or safe.The easiest repricing in beate...