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Amid mosaic of brands Cramer sees beautiful stock

*This post was updated on Wednesday November 20th with more information about Jarden's most recent earnings report.

The mosaic of brands that make up this company make it a beautiful stock, said Cramer.

The Mad Money host was talking about Jarden.

"The company owns popular brands and manufactures a slew of household products ranging from Coleman outdoor gear, and Rawlins baseball gloves to Mr. Coffee machines, Oster blenders and more," said Cramer.

Always looking for strategic opportunities, the company recently made a new acquisition, the first since 2010. In September Jarden inked a deal to buy Yankee Candle for $1.75 billion.

Founded in 1969, Yankee Candle is the largest scented candle company in the United States. The company also sells home fragrance products, car fresheners and candle accessories.

Martin Barraud | OJO Images | Getty Images

The acquisition adds to the pastiche, noted Cramer with customary enthusiasm. "Jarden is fabulous at finding these tiny niche markets and making itself the number one player in each of them."

Looking at the latest earnings, Cramer believes results confirm the strength.

"Jarden just reported at the end of October, and as usual Jarden beat Wall Street's earnings estimates, in addition to delivering 5.5% organic growth," Cramer said.

Looking at the numbers a little more closely, Jarden reported $1.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.00 by $0.04. The company had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter last year, the company posted $0.90 earnings per share. Jarden Corp.'s revenue was up 5.6% compared to the same quarter last year. Analysts expect that Jarden Corp. will post $3.57 EPS for the current fiscal year.

The company's ability to execute is no secret on Wall Street. Since the beginning of the year shares have rallied almost 60%.

Yet with the acquisition of Yankee Candle Cramer sees another powerful reason to expect future gains.

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Jarden said it expects the transaction to add to its adjusted earnings per share by about 10 percent even before synergies kick in.

Even with a year to date gain of almost 60%, "I wouldn't be surprised if Jarden continues its run," Cramer said.

Call Cramer: 1-800-743-CNBC

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