'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.
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