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Jim Cramer on B&G Foods: “I Don’t Think It’s Worth Investing In”
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B&G Foods, Inc. (NYSE:BGS) is one of the stocks Jim Cramer evaluated, along with the fragile food market. Answering a caller’s query toward the end of the lightning round, Cramer said: Yeah, I would sell that stock. I mean, we’ve been around the block with those guys forever, and I don’t like what they’ve done for years and years now. It’s been disappointing, and I don’t think it’s worth investing in. Photo by Adam Nowakowski on Unsplash B&G Foods, Inc. (NYSE:BGS) produces and distributes an extensive collection of frozen and shelf-stable products, including vegetables, oils, spices, and specialty household items. On March 3, the company reported Q4 and FY2025 results. It reported a Q4 non-GAAP EPS of $0.28, a $0.02 miss. The company’s revenue fell 2.2% year over year to $539.6 million, but it outperformed estimates by $2.1 million. For FY25, B&G Foods, Inc.’s (NYSE:BGS) net sales were down 5.4% to $1.83 billion. Furthermore, it posted a net loss of $43.3 million, or $0.54 per diluted share. For FY26, the company expects net sales of $1.655 billion to $1.695 billion and an adjusted diluted earnings per share in the range of $0.55 to $0.65. We also mentioned the stock while discussing the best stocks to buy for passive income. You can read about it here. While we acknowledge the potential of BGS 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. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.