During the October 2 episode of Mad Money, Jim Cramer discussed the widening gap between PepsiCo, Inc. (NASDAQ:PEP) and The Coca-Cola Company (NYSE:KO) ahead of PepsiCo’s earnings report. He said:

Speaking of burdens, on Thursday morning, we have one of the most problematic earnings reports imaginable: that of PepsiCo. For years, this company was running circles around archrival Coca-Cola thanks to the strength of its snack food business, not its soft drink. This year, things are upside down. Coca-Cola stock is up 22.5%, leading the packaged food industry, while PepsiCo stock is down 12%. What explains the disparity? Simple: live by junk food, die by junk food.

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