Bacon Caramel Apples

Bacon Caramel Apples was pinched from <a href="http://www.hormel.com/Recipes/Bacon-Caramel-Apples.aspx" target="_blank">www.hormel.com.</a>
INGREDIENTS
1 (11-ounce) bag caramels
2 tablespoons water
1/2 cup chopped peanuts
5 wooden sticks
5 apples
1/3 cup HORMEL® Real Crumbled Bacon
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