Tapping The Health Foods Market
Apparently now that the hippie lifestyle is cool, people can start to make money off the vegetarians and vegans, Cramer said, as he commented on another chapter from Mark Penn's Microtrends: The Small Forces Behind Tomorrow's Big Changes. "This is a huge growing market," he said, and the way to play it is with Hain Celestial(HAIN Quote), a distributor of natural and organic food and personal care products. Food companies haven't had it easy lately and Hain's no different, Cramer said. But in its quarterly report, the company announced good guidance for next year. Generally speaking, Hain's customers are not sensitive to the economy and all of the company's products sell well. Moreover, with the trend of increasingly more parents raising their children to eat organic and vegetarian food, Hain is poised to profit because it is the ultimate vegan and vegetarian brand, he said. "It is a BuyBuyBuy.''VF Corp's New CEO
VF Corp (VFC Quote) has been on a run recently, which means there hasn't been a great opportunity to get into the stock, Cramer said. It pulled back today, but rallied along with the rest of the market.- Loading Comments...
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