Here's why Jim Cramer likes J.M. Smucker's plan to buy the maker of Twinkies
Publishing timestamp: 2023-09-11 11:06:56
Summary
The article discusses Jim Cramer's praise for J.M. Smucker's decision to acquire Hostess Brands. Cramer believes that Smucker's will benefit from the growth potential of Hostess and the desperate need for growth in the food business. The article also mentions the potential impact of weight-loss drugs on consumer food preferences, but Cramer is optimistic that junk food will always be popular.
Sentiment: POSITIVE
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Keywords: hostess brands inc, jim cramer, eli lilly and co, general mills inc, breaking news: markets, investingclubsample, investment strategy, business news, stock takes, markets, morgan stanley, j m smucker co, mondelez international inc, novo nordisk a/s, food and drink,