names like Frank's RedHot and French's mustard is a reason why the stock is a good one to own, Cramer said. McCormick acquired those brands in a $4.2 billion deal in 2017.
With its geographic reach and wide-ranging portfolio, McCormick is "a classic consumer staple that can keep hitting their forecasts even if the economy falls off a cliff," Cramer argued. "Some of that's because the company reported an OK quarter and the stock had pulled back going into the report," Cramer said.
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They make great products.
Jim Cramer has lost more investor money this year than any analysts. To make money you have to do to opposite of Jim Cramer investors investment advice
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