Cramer Weighs In On Coca-Cola's Earnings

On CNBC's "Market Alert," Jim Cramer praised James Quincey, the CEO of Coca-Cola Co KO. The company reported earnings Tuesday morning and Cramer seemed happy with the report. He said the CEO is doing such a good job and he explained that he is doing it with new technology while transforming the company.

Cramer said this is a good story and it reminds him of the old days. He thinks the stock deserves to be higher and he especially likes the company's new products.

The stock opened sharply higher and recorded the biggest gap on earnings in the last four years. Shares traded higher by 5% at $53.84 at time of publication.

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