PepsiCo and more: Jim Cramer says market rotation is creating buying chances, picks 4 stocks

Jim Cramer highlighted market rotation triggered by a softer US June jobs report, saying institutional portfolio rebalancing is creating buying opportunities in high-quality companies. He pointed to PepsiCo and Starbucks as consumer names with attractive risk-reward after recent declines, while suggesting Constellation Brands' beer business may be stabilising and TJX Companies could benefit from weaker consumer demand. He also flagged Johnson & Johnson as a healthcare name worth watching before its July 15 earnings, citing its post-Kenvue focus.