Unilever's Food Division Acquisition Could Spark Rally in Packaged Food Stocks: Jim Cramer

Jim Cramer believes an acquisition of Unilever's food division by McCormick & Company could spark a packaged food stock rally. McCormick is a flavor and spice company that could benefit from acquiring well-known brands like Hellmann's mayonnaise and Knorr's soups. The packaged food industry has been challenging for growth, and Cramer thinks McCormick could dominate supermarket aisles after an acquisition.