People love Cramer when he says something positive about a holding; they despise him when he does the opposite. I'm neutral on the guy, all I really know is that he lives in a great town! (actually it's a city).
That said, here are a few comments re HAIN:
"This sector's become crowded with the recent advent of public companies like Sprouts Farmers Market (SFM), The Fresh Market (TFM) and Fairway (FWM), all of which are giving the primary health and wellness supermarket chain, Whole Foods (WFM), a run for its money. But I think that Fairway and Fresh Market have over-expanded badly and I don't like their prospects at all. Sprouts has done well so far and it's kind of like a public Trader Joe's. But the winner here? It's simple: Hain Celestial (HAIN). It's the dominant natural and organic food purveyor for all of these stores and it is in an endless land grab to snap up the hottest and the best of the lot.
Irwin Simon's Hain is the ultimate arms dealer to all supermarkets trying to catch up with the fastest-growing segment in the pantry."
My favorite part:
"There's a reporter who hates Hain at Barron's and he's good for a periodic slam job on the company. His hit-man approach coupled with Washington-based swoons have given you multiple opportunities to get into Hain at a discount in the last year. He's not done. Take his articles as terrific entry points into the stock. I suggested here last year that Hain might be taken over by a major food company."
For those who want to read the entire post, go to TFM and hit the 12/23 "headline" Jim Cramer: Wealth From Health. (If you do, you'll see what price Cramer thinks makes sense for either Nestle, GIS, or K to pay to buy HAIN).
Ya I'm fairly neutral on Cramer but sometimes he hits the nail on the head. Organic is in it's relative infancy and while WFM and the retailers have some headwinds due to growing competition, Hain really is miles ahead and the gorilla in their sector. As organic markets proliferate, so will Hain. I'm waiting for a pullback to jump in (been waiting since 80....grrrrr!), fingers crossed they have a temporary dip.