Jim Cramer gave his thoughts on the stocks of Nordson, C.H. Robinson and J.M. Smucker, the newest additions to the S&P 500 Dividend Aristocrats.
The index is made up of stocks listed in the benchmark S&P 500 that have raised their dividends for at least the past 25 years. The names in the index tend to be stocks with steady payments, defensive qualities and long-term growth.
Cramer said that while Nordson's stock price is too expensive and management turmoil at C.H. Robinson makes its stock too "iffy," J.M. Smucker sells for a reasonable price. J.M. Smucker stock is also a great choice for investors worried about how the Federal Reserve's interest rate hikes could slow down the economy, he added.
"This is just a good, solid business that deserves to be considered in the top tier of packaged foods companies, with the likes of
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