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Even in this treacherous market, good execution pays off, Cramer said.
In fact, it’s good execution that pushed up stocks like Pepsico [PEP
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], J.C. Penney [JCP
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] and The Walt Disney Co. [DIS
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] despite some truly negative sentiment.
Pepsi’s Indra Nooyi delivered new products like veggie snacks and Gatorade’s low-calorie G2, and cut costs while doing it. Mike Ullman’s turning a corner at J.C. Penney through a join venture with Ralph Lauren. And Disney’s Bob Iger reported growth in the very theme-park division that an analyst said would hurt the entertainment giant.
Some CEOs are worthy of your trust, Cramer pointed out, “because they can deliver in this economy.” Overly negative investors overlooked these gems, he said, and it cost them money. Don’t make the same mistake.
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