The food group has been an interesting area within the market, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on Monday's CNBC "Stop Trading" segment. 

However, Hormel (HRL) is one stock within the sector that caught Cramer's eye. Hormel is a "growth food stock," he said, and it is worth watching to see if money begins to flow back into the stock. 

Shares are up more than 2% on the day and almost 10% over the past three trading sessions. However, the stock is still down more than 8% since April 1. 

Cramer pointed out the stock was upgraded to outperform from neutral at Credit Suisse. The analysts assigned a $43 price target, implying upside of roughly 8% from the current price. 

The consumer-packaged good stocks have "completely stalled," he added, and fast-food stocks aren't doing that well either. Obviously the delayed earnings and accounting concerns from Hain Celestial (HAIN) came as a huge surprise and letdown, Cramer said. 

However, if Hormel shares are able to rally, perhaps it will start to bring investors back to the group, he concluded. 

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.