LINE 8-inch-square baking pan with plastic wrap.
MELT morsels and corn syrup in medium, heavy-duty saucepan over lowest possible heat. When morsels begin to melt, remove from heat; STIR. Return to heat for a few seconds at a time, stirring until smooth. Remove from heat.
STIR in powdered sugar, evaporated milk and vanilla extract. Stir vigorously until the mixture is thick and glossy. Stir in cranberries and nuts; mix well. Pour into prepared pan; cover. Refrigerate until firm, about 8 hours. Lift from pan; remove plastic wrap. Cut into 48 pieces. Store covered in refrigerator. Serve at room temperature.
Recipe and photo courtesy of Ocean Spray Cranberries, Inc.