This food stock has become stale

CNBC's Jim Cramer told an interviewer on Wednesday that Kraft Heinz was not worth buying, despite the installation of a new general manager earlier this month.

The recognizable food company has attempted to disrupt its business by selling badets, which is said to be at the expense of growth. The former global marketing director of Anheuser-Busch InBev, Miguel Patricio, was hired from 1 July to help straighten the ship.

"In the end, there is no growth, I like growth," said the animator of "Mad Money." "They can mix whatever they want … but for me what matters is the growth because it's the stock market, not the brands of larder." so tell yourself to stay out of the way and stick to a growing stock like a PepsiCo or a Coca-Cola. "

Kraft Heinz has a market capitalization of 39.1 billion dollars. The stock is down more than 25% this year and more than 46% in the last 12 months.

The federal government is the only savage character on Wall Street who wreaks havoc on stocks, Cramer said.

President Donald Trump has campaigned for red tape reduction for corporations, but federal agencies led by his representatives have "declared war" on advanced technology and it is a "brutal awakening" said the facilitator.

"After today, the White House is clearly not as friendly to big business as I thought.The times of businesses that get a free pbad are over, unless you're in business." they are not in Republican-friendly industries like coal and oil, "he said. . "It's a major change that does not get enough attention."

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Cyclical businesses too much attached to the business cycle tend to be condemned when the economy as a whole slows down.

Cramer said Wednesday that his report for the second quarter of 2004 was insufficient, which is why the stock fell by 4% during the session. The heavy machinery manufacturer has been hit by rising raw costs and supply.

"In the end, Caterpillar has become too attached to the oil and gas cycle.We now know from Halliburton, which is downsizing in the Permian Basin, that the drilling is deeply cyclical," he said. # 39; facilitator. .

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Cramer recommended that investors be ready to buy shares of the new L3Harris Technologies company during any withdrawal at the publication of its report next week.

The facilitator does not know what to expect when the defense subcontractor holds his teleconference Wednesday morning, but he is certain of its viability. The result of the merger of Harris Corp. and L3 Technologies, L3Harris, is among the six largest defense companies in the United States.

"This brilliant combination has created the most high-tech operator in the industry," he said.

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Cramer discovers the consumer economy one-on-one with First Horizon CEO Bryan Jordan.

Watch the interview here

ServiceNow CEO John Donahoe talks with Cramer about his latest quarterly report. The cloud computing software company beat its profits, but the stock fell 5% after trading hours.

See the discussion here

During Cramer's flash game, the host of "Mad Money" comments on his choices regarding the day's stock picks.

Twilio: "I think Twilio is the backbone of everything that happens in Silicon Valley, whether it's Lyft, Airbnb, even at exalted levels … it's still a buy."

AT & T: "I will tell you that I think AT & T has achieved a good quarter.I did not like the idea that they are buying back shares … but I believe that the cash flow is huge and you can buy AT & T. "

Disclosure: The Cramer Charitable Trust holds shares in Twilio and Caterpillar.