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Cramer said that ConAgra's move to acquire Ralcorp (RAH) gives it key exposure to the red-hot private-label market and, with CAG's s huge yield, is not done going higher and could see $35 a share.
Beyond ConAgra, Cramer said he's also bullish on B&G Foods (BGS), which also has a good yield, along with Heinz (HNZ), McCormick (MKC), Hershey (HSY) and Kellogg (K) on the heels of its acquisition of Pringles.Which food stocks would Cramer avoid? The only one that came to mind was Treehouse Foods (THS), a stock Cramer said has been too inconsistent for his liking. To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here. -- Written by Scott Rutt in Washington. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
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