"I understand the concept of stock splitting....(.More stock at a cheaper price.)."
Yup, stock splits are a WASH, since EVERYONE gets "more stock". I'm not anti-split, but am also not enamored with them.
Splits do not affect a company's fundamentals and splits occur AFTER a company's share price has increased.
To answer your question re "any upside", I say yes.
HAIN will continue to grow both organically and via acquisition. Thus far, management has been adept at buying nascent or small brands and growing them.
As far as macro, I'd say "healthy eating" is clearly not a fad (unlike a subset such as gluten free--not including the demand from the relatively small footprint of those who must eat gluten free).
HAIN is a tad pricey right now, and its shares have periodically had some decent declines, but for the real long haul, I believe HAIN will continue to grow and its shares will follow.
HAIN is my largest individual equity holding.
IEP holds positions in A LOT of stocks, although HAIN is no longer one of them, since that position was sold some time ago in the 70s or 80s.
On another note, about three decades ago, I was once long Federal Mogul.
To answer your question, no I haven't "looked".
"He also touted this stock, HAIN..."
Cramer first recommended HAIN YEARS ago (but after I had bought), when HAIN was in the mid 20s.
People love Cramer when he speaks kindly about a position they own and they despise him when he does the opposite. I say take him for what he's worth and stand by your own actions and don't look for a scapegoat.
when someone makes all the predictions that cramer makes -everyone would be wrong a lot! my negative & positive with cramer concern the same industry! in 2008-9 cramer bashed my favorite stock which was always over $ 40.00 per share! along with the common ( preferrer-around $24.00) - the preferred when down with it! cramer was STILL BASHING IT AT ( $4-COMMON & $5 PREFERRED -PREFERRED PAYING OVER 30% INTEREST! I THOUGHT HE WAS NUTS ( totally nuts) SINCE EVERY OTHER DAY HE SAID TO SELL! THIS INDUSTRY! i felt sorry for the shareholders since i knew this quality life ins. co. would come back within 1yr or 1 1/2 yrs,! I LOVE THE GUY SINCE HE gave me an opportunity to buy the common (came back soon to 35.00) & the preferred returned to $23.00 paying around 30%! can you get &30% on your money now? i bought lots & again- thanks jimmy but i felt you were totally brain dead on several recs. in 2008-9!
humblebull: My take on Cramer is very similar to yours. He has great ideas, but because he has to focus on the broad macro view, and touch on so many stocks, the best he can offer is a general flavor of what's going on with any given stock. One can take his suggestions but only use that as a starting point for deep analysis.
I hear your point about his dividend stock recommendations. I currently do not invest income, only aggressive growth, but was planning on transitioning at some point.
Aside: Regarding specific dividend stock recommendations, he's been touting Chlorox a lot. Dividend aside, do you happen to have any opinion on the stock?
Cramer introduced many of us to PANW. I made a boatload of cash on his recommendation. Actually sold my remaining shares today. He warned about its high valuation - but he still loves the company. Cramer is right much more than he's wrong. No one gets it right all of the time. He also touted this stock, HAIN, and WWAV and I'm cleaning up on both. Great companies. He also said MasterCard was a screaming buy at 90...it more than tripled. To be honest, I've lost money every time I've bought a high dividend stock Cramer recommended. They almost always tank. Never go there. But Cramer knows his stuff! I love his show...Great source of info...but investors must do their own DD without buying blindly.
Sentiment: Strong Buy
Yeah, Cramer also bashed Palo Alto PANW which hit the stock for a couple of days, now look at it. He is so wrong. Don't believe anything he says. He is all hype.
Liked hearing him talk about his meeting with Panera and the fact that Target is moving towards stocking more organic, health-conscious foods. Tremendous upside with Hains. Really at the sweetspot of a changing
Sentiment: Strong Buy
Actually, IMO, HAIN "plays" to all age groups. Boomers are acknowledging that they are in the second half of their life and are much more interested in what they put in their body, and also on their bodies (personal care products)--much more so than that demographic's previous generation. Younger people are also much more interested in what they consume than in the past. Even you, as you age, may reconsider (or maybe not) what you put into and on your body!
I am a rather suspicious person and that's why I posted about some of Avalon Organics shampoos and conditioners being "gluten free". IMO, gluten free is a fad, except for those with a real medical issue (Celiacs); but I imagine even those who really are intolerant to gluten, will not have a negative experience using a shampoo that MAY include gluten. Are most shampoos gluten free (just like lots of other foodstuffs that have always been gluten free, but until recently that tidbit wasn't advertised on the packaging)?
That said, if putting "gluten free" on a package sells more product, I'm all for it!!
On another note, I just discovered the other day that CELG is headquartered in the city I was born and raised (and someone you have mentioned re investments lives there now).
Key thing to remember is that HAIN plays to the newer generations who care about, Health, Natural and Environmental issues. I personally don't understand it, but I realize that as years go buy the younger generations will become a larger percentage of the earths population not less. Me, I eat BK stackers and drink Pepsi, but I invest in HAIN and WWAV cause we are a dying breed.
I trade around my core positions. I actually took a little profits today in 3 of my companies. Stock that I had bought in Oct into the correction.
I like to check out some of HAIN's offerings. I recently looked at some of their H&B products.
Personally, I think the gluten free phenomenon is a FAD (but it has spurred numerous new and better quality products for those who really do need to eat gluten free products).
Key word is "eat" isn't it? If so, has HAIN jumped the shark re gluten free?
Avalon Organics offers some shampoos and conditioners that are "gluten free". I'm mystified.
Very nice numbers; I hope you are able to protect your gains better than I have been able to do in the past.
High beta sectors don't always go up.
YTD I have 70% gain in Biotech, 45% gain in healthy eating and at 30% gain in Social Mobile and cloud. I also have some plays on the American Energy Independence which I am currently flat on since I took profits there back in July. My gains are far outpacing the S&P lol.
I was going by year to date. A lot of returns go by what your picking. I go by Themes. Right now I have 3 major themes and they are all doing well.
1 Healthy Eating
3. Social, Mobile and Cloud.
I wish I could find more themes right now that are good long term buys, but I just cant find any.
"so far I have 2 stock that have outperformed HAIN"
Cool, but for what time frame? YTD? (I know BABA has only traded for a few months).
CELG has outperformed HAIN for the past 1 & 2 years, while HAIN has done better over 5 years and CELG had done better over ten years!
Biotech has been hot for the past few years, but generally speaking, it wasn't so hot for some time before that. I've been long RYOIX for 10+ years; the trip from point A to B has not been all fun and games, but overall, the return has been good; I did sell approx 18% of RYOIX earlier this year.
I generally hold stocks for YEARS. I initiated my HAIN position 9/3/03 and added 50% more (after a nice retracement LOL) on 12/21/09. As noted earlier, I sold a few shares 26 months ago. I didn't need the funds, but felt my HAIN position was too heavy. Problem with selling (besides taxes, if relevant; I sold shares in a taxable AC and my ROTH) is one needs to put the funds into a "better" investment. Yesterday I compared total returns since I sold some HAIN v FLPSX, its replacement. While my move looked "smart", given HAIN dropped after I sold, after 26 months, HAIN & FLPSX have had almost identical returns!
Most of my new funds or proceeds from sales will go to Vanguard's Total Market fund (or FSTVX in my ROTH). I have kept an accurate accounting of my returns via an excel spreadsheet for 20 years. Some years I beat the market and some I haven't. While its fun to invest in individual equities, what is really fun is making money; if I could do it all over again, I'd go 100% in a total market fund (or nowadays ETF).
27.5% of my holdings are now in total market investments...they are tax efficient to boot!