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Jim Cramer Says Hain Celestial Delivers Picture Perfect Quarter


Irwin Simon, CEO of Hain Celestial, delivered healthy Q4 results on Wednesday and issued a huge guide up. The organic and natural foods company has the most number of shop keeping units (SKUs) in retailer Whole Foods despite a highly competitive price war culture in the system of supermarkets trying to carry natural and organic products. TheStreet's Jim Cramer says Hain Celestial is a 'buy'. Cramer likes the company's organic growth as well as its recent acquisitions. He says the stock has been languishing while WhiteWave Foods has been in the spotlight. Though he still likes WhiteWave, Cramer says for Hain, this is the quarter for which the bulls have been waiting.