Jim Cramer on McCormick: “It’s Buying a Set of Premium Assets That Can Transform Its Position in the Category”
McCormick & Company, Incorporated (NYSE:MKC) is one of Jim Cramer’s stock calls as he discussed the impact of the Iran war on the markets. Cramer highlighted the Unilever deal as “huge.” The Mad Money host stated: In a dead group like this, if you’re a major operator and you want to matter again, you gotta swing for the darn fences when something like this becomes available. McCormick’s not making a deal for some random collection of weak brands; it’s buying a set of premium assets that can transform its p ...