Cramer says customers are still buying Duracell when they go into a drug store or convenience store and believes it's remarkable that a company like Perrigo (PRGO) has not created a store-brand battery that people buy.
Cramer says Duracell has convinced people that it has a technological edge, and Warren Buffett has now added another stable brand under his belt to go along with unassailable brands such as Heinz.
Furthermore, Cramer says Procter & Gamble is doing a lot of things right by getting out of businesses they have been doubting and going into higher-margin areas. He says any weakness in P&G stock as a result of this deal is a mistake because the company will now buy back stock and boost the dividend. Cramer says Procter is "A-OK" with him.
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