Jim Cramer Says UTZ is “Too Low Here”

Company Overview - Utz Brands, Inc. (NYSE:UTZ) produces and markets a variety of salty snacks, including chips, tortilla chips, potato chips, pretzels, popcorn, and party mixes [2]. Market Sentiment - Jim Cramer highlighted that owning Utz Brands is challenging due to the competitive nature of the snack industry, but he believes the stock is undervalued and should not be sold at its current low price [1]. - Baron Small Cap Fund decided to sell its position in Utz Brands, citing slower-than-expected sales and earnings growth, increased competition, and weaker consumer spending as key factors [2]. Investment Perspective - Despite acknowledging the potential of Utz Brands as an investment, Baron Small Cap Fund suggests that certain AI stocks present greater upside potential and lower downside risk compared to Utz [2].