$KLAC KLA Tape Reports
Per Ticker.id: $KLAC KLA Tape Reports — 2 podcast mentions across 1 podcast (30 days), latest 2026-08-06 23:10 UTC.
Kellogg initially had a strong run after the breakup, then peaked in the spring of 2024 and turned into more of a battleground name. But in July of last year, we learned that Ferrero— that's a European food company would be acquiring W.K. Kellogg for $3.1 billion, $23 per share. Now, keep in mind, at the time of the breakup in late 2023, this was a $13-and-change stock and it was hated. Taken together, Kellogg Novo and W.K. Kellogg were sold for a combined price of roughly $39 billion. When Kellan originally announced the breakup plan of old Kellogg, it had a market cap of less than $23 billion. So we're talking about a tremendous amount of value creation here at a time when most packaged food stocks were getting steamrolled. House of pleasure. That's why I was excited when Kraft Heinz put in Cale Lane as the new CEO, especially since the company is already planning to break itself up. Now, almost a year ago, in early September of last year, Kraft Heinz decided to split itself up into Global Taste Elevation Company. Which would take Heinz— this is a low-budget operation, so we don't even have a full bottle— Philadelphia cream cheese and Kraft mac and cheese, among other sauces, spreads, and then seasoning brands like that, North American Grocery Company, for everything else. Most people assume that Kalem was brought in just to execute that. Rather, I think he'll advise breakup. But that's not what happened. Just a few weeks after Kalem formally started as CEO, he actually paused work on the original breakup plan. Saying many of the company's problems were fixable and within our control. He told us that on our own show. Rather than immediate breakup, he wanted to return Kraft Heinz to profitable growth first. And look, I think he made the right call. Now, I am a big fan of KLA and I am a big fan of breakups because they usually unlock value. But when Kraft Heinz announced this one, the stock dropped nearly 7% on the day of the news. In fact, Berkshire Hathaway, which owns 27.5% of the company, said that it wanted to to dump their position because they disliked the plan so much. When Cagney paused the process, Berkshire decided to stick around. No dummies.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 8/18/26 · 2026-08-18The stock was— this was a $52.50 stock at the time of the buyback. The deal finally closed this December, at which point Steve Carell needed a new job. And that's when he came over to Kraft Heinz. W.K. Kellogg initially had a strong run after the breakup, then peaked in the spring of 2024 and turned into more of a battleground name. But in July of last year, we learned that Ferrero, that's a European food company, would be acquiring W.K. Kellogg for $3.1 billion, $23 per share. Now, keep in mind, at the time of the breakup in late 2023, this was a $13-and-change stock and it was hated. Taken together, Kellogg Novo and W.K. Kellogg were sold for a combined price of roughly $39 billion. When Kellan originally announced the breakup plan of old Kellogg, it had a market cap of less than $23 billion. So we're talking about a tremendous amount of value creation here at a time when most packaged food stocks were getting steamrolled. House of pleasure. That's why I was excited when Kraft Heinz brought in Cale Lane as the new CEO, especially since the company's already planning to break itself up. Almost a year ago, in early September of last year, Kraft Heinz decided to split itself up into Global Taste Elevation Company. Which would take Heinz— this is a low-budget operation, so we don't even have a full bottle— Philadelphia cream cheese and Kraft mac and cheese, among other sauces, spreads, and then seasoning brands like North American Grocery Company for everything else. Most people assume that Kalem was brought in just to execute that. Rather, I think he'll advise breakup. But that's not what happened. Just a few weeks after Kalem formally started as CEO, he actually paused work on the original breakup plan. Saying many of the company's problems were fixable and within our control. He told us that on our own show. Rather than immediate breakup, he wanted to return Kraft Heinz to profitable growth first. And look, I think he made the right call. Now, I am a big fan of KLA and I am a big fan of breakups because they usually unlock value. But when Kraft Heinz announced this one, the stock dropped nearly 7% on the day of the news.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 8/18/26 · 2026-08-18