Mad Money

Cramer: 'This Pullback a Total Gift'

Tupperware CEO: 15 Markets Driving Our Biz Now
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Tupperware CEO: 15 Markets Driving Our Biz Now

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"You don't get too many gifts in this market, but today I think you're being handed one on a silver platter," said Cramer.

The Mad Money host was talking about the pullback in Tupperware Brands.

"For the last three months, this stock has been, if not a permanent resident of the new 52-week high list, then at the very least it's been a frequent visitor," Cramer said.

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However on Wednesday the stock slipped more than 4% after . Although first quarter profit was essentially flat, Tupperware also said sales in the US were down 3%. On the news, investors ran for the exits.

Cramer thinks sellers are likely making a mistake.

In the same earnings report, Tupperware also said emerging markets made up the majority of the company's sales – a total of 62% - and that's a metric that Cramer like – a lot.

"Remember, Tupperware uses a direct sales model," Cramer said. "They have a sales force of 2.8 million independent distributors, those are people who are basically working for themselves. And the strategy has proven to be a fantastic way to move product in the developing world especially in place where there's a lot less retail infrastructure as compared to the US."

Therefore, Cramer thinks the company has a great deal of potential in the going forward, especially as more people attain middle class.

But that's not the only reason Cramer recommends putting this stock on the radar.

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"Tupperware sports a bountiful 3.1% yield," he reminded, "and it also has $1.1 billion left in its buyback program."

All told, Cramer sees every reason for shares to continue higher. "I think this pullback could be a total gift," he said

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