Beverage News & Analysis

Coca-Cola (KO) Outshines Celsius (CELH) as Cramer Recommends Shift

Jim Cramer recently endorsed Coca-Cola (KO) over Celsius Holdings (CELH) during a live segment on CNBC's Mad Money. This comes as Celsius shares have risen approximately 16% over the past month, driven by an activist investor's actions. However, Celsius reported second-quarter revenue of $817.9 million, falling short of the $886 million analysts expected, and adjusted earnings of $0.36, below the anticipated $0.43. In contrast, Coca-Cola reported adjusted earnings of 97 cents per share and revenue of $13.38 billion, up 7% year-over-year. Cramer's recommendation is significant for investors considering market stability and performance amid fluctuations.