Jim Cramer Shares His Thoughts On Pepsi And Panera

On CNBC's Mad Money, Jim Cramer said he would wait for a pullback in PepsiCo, Inc. PEP and then he would buy the stock. He thinks it might drop to $105.

See Also: Domino's Not Interested In Panera

Cramer would take profits in Panera Bread Co PNRA after the stock spiked 7.93 percent on the news of a possible takeover.