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The tag-team takeover of Wm Wrigley Jr. by privately owned Mars and Warren Buffett’s Berkshire Hathaway has dominated conversation Monday. But as much as Cramer said he likes the deal, he wondered if other great companies in the sector had been overlooked.

CEO William Perez took reins at Wrigley [WWY  Loading...      ()   ] when the stock was trading at 27 times earnings, and the deal with Mars and Berkshire [BRKA  Loading...      ()   ] put a value on WWY of 30 plus. If this is the case, the Mad Money host said, then companies like General Mills [GIS  Loading...      ()   ], Heinz [HNZ  Loading...      ()   ], ConAgra [CAG  Loading...      ()   ] and Kraft Foods [KFT  Loading...      ()   ] deserve higher multiples.

“All these companies should be reevaluated upwards after this,” Cramer continued, because they’re “every bit as good as Wrigley.”

One in particular, General Mills, trading at 18 times earnings, “might be a steal,” he said, meaning a takeover isn’t out of the question.

As for the talk of whether Cadbury-Schweppes [CSG  Loading...      ()   ] would make a move on Hershey [HSY  Loading...      ()   ], Cramer was doubtful. 

“There's a lot of self-inflicted wounds at Hershey,” he said. “I think the time has come and gone” since neither company is in a position to pull off such a big deal. But Campbell [CPB  Loading...      ()   ] would make a good potential buyer.

Lastly, Cramer called Ralph Lauren [RL  Loading...      ()   ], Phillips-Van Heusen [PVH  Loading...      ()   ] and Apple [AAPL  Loading...      ()   ] “$600 names” because he expects Americans to spend their tax rebate checks at these stores.

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