In this unpredictable market, buy stock in spice and food giant McCormick, Jim Cramer says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

'As long as the market remains choppy, I think this stock is worth owning, and I like it even more after today's pullback,' Jim Cramer says.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

EatWithNia

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer: It should be harder for Chinese companies to go public in the US'This is purely about protecting investors from garbage merchandise,' the 'Mad Money' host says. How could Cramer be this ignorant? Is he now a tariff lover? Does he really believe the misdirection that the US politicians are engaged in? Wake up. Free markets are free markets. Anyone who want to give money to someone should be able to, Cramer or not. Great education by Cramer to stay away from these scam Chinese companies. And more Trump insults and bluffs certainly won’t.
Source: CNBC - 🏆 12. / 72 Read more »

Everything Jim Cramer said about the stock market on 'Mad Money,' including manufacturing data, Chinese IPOs, restaurant investing and ConEd CEOJim Cramer advises that investors shake off September's poor manufacturing read, worry less about a potential Elizabeth Warren presidency, examines the stocks of Chipotle, McDonald's and Jack in the Box and interviews the CEO of ConEd.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer says this is 'a good time to start looking for stocks to buy into weakness'To investors who fear a recession or Elizabeth Warren's chances to win the presidency, Jim Cramer says, 'I think you're going to miss out on some terrific opportunities.' But this weakness will continue.... A bit early no?
Source: CNBC - 🏆 12. / 72 Read more »