Coca-Cola: “[CEO] James Quincey’s doing a darn good job. I think the company has got a great long-term projection. It yields 3%. He’s reinventing the company. Wasn’t the greatest quarter in the world, I liked Pepsi’s quarter more, but I want you to own Coke. I’m not going to tell you to sell it. I think it’s too well run.”
Icahn Enterprises: “It has a high yield, but I can’t really tell what it owns. I like to recommend stocks where I actually know what they own, but I do know that Carl Icahn’s a very good investor.”
Bed Bath & Beyond: “I keep hoping it goes back to $13 — to below $13 — but it hasn’t done that yet.”
Reata Pharmaceuticals: “I got to do some work on that.”
Disclosure: Cramer’s charitable trust owns shares of PepsiCo.