QUICK SPARK: Jim Cramer Called Utz A 'Nice Price,' Wall Street Is Paying 91% More
Jim Cramer praised Utz Brands Inc (NYSE: UTZ ) on Tuesday morning, calling it a “nice price” and saying he was a fan of its potato chips. Minutes later, the snack maker announced it had agreed to be acquired by Germany’s Intersnack Group in a $14.25-per-share all-cash deal, a 91% premium to Monday’s closing price. The $2.9 billion take-private deal gives Intersnack—one of Europe’s largest snack companies but with no U.S. presence—an immediate foothold in the American packaged food market. Once the deal closes, Utz will be delisted from the NYSE, capping a dramatic turnaround for a stock that had fallen nearly 47% over the past year before becoming one of 2026’s biggest consumer-sector takeover winners. About UTZ Utz Brands, with a market cap of $1.24 billion, is currently trading near the lower end of its 52-week range, reflecting ongoing challenges...
Jim Cramer praised Utz Brands Inc (NYSE: UTZ ) on Tuesday morning, calling it a “nice price” and saying he was a fan of its potato chips. 25-per-share all-cash deal, a 91% premium to Monday’s closing price. S. presence—an immediate foothold in the American packaged food market.
Once the deal closes, Utz will be delisted from the NYSE, capping a dramatic turnaround for a stock that had fallen nearly 47% over the past year before becoming one of 2026’s biggest consumer-sector takeover winners. 24 billion, is currently trading near the lower end of its 52-week range, reflecting ongoing challenges in the competitive consumer staples sector. 38% suggests a commitment to returning value to shareholders, despite its P/E ratio being unavailable, which may indicate volatility or recent losses impacting earnings. 67 highlights potential concerns over growth prospects or market positioning.
72% during premarket trading on Tuesday. 67, according to Pro data. Shutterstock