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Jim Cramer: Newell Partly a Victim of Trump's Victory

Jim Cramer talks to Action Alerts Plus members about the election's impact on Newell brands.

Shares of consumer-products giant NewellBrands (NWL) - Get Newell Brands Inc. (NWL) Report have struggled since peaking at $54.89 in August following last year's merger with Jarden, but Jim Cramer says the firm is partly a victim of Donald Trump's election.

"I think there would have been much more aggressive layoffs after the merger between Newell and Jarden if Trump had not been elected," Cramer said during his latest conference call with members of his Action Alerts PLUS investment club. "There would have been a lot more offshoring, too -- they would have taken [manufacturing] to Mexico. That was what Jarden was doing."

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