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YahooAugust 19, 2026 at 10:27 AM NY16 days ago

Big Food Stocks Suffer From GLP-1 Indigestion. Find Bargains in PepsiCo and Smucker.

The company, known for its jams and peanut butter, is making a killing on Uncrustables, a highly processed, frozen version of the humble PB&J. Annual sales recently topped $1 billion and now account for more than 10% of Smucker’s $8.9 billion in annual revenue. Investors are eating up Uncrustables, too. Wall Street expects Smucker’s earnings to rise 10% in 2027.

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