This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Cramer's 'Mad Money' Recap: Put Some Meat Into the Game With Hormel

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.


NEW YORK ( TheStreet) -- Investors looking for safe, secure investment ideas need look no further than their local supermarket, Jim Cramer said on "Mad Money" Wednesday as he turned the spotlight on Hormel Foods (HRL), a company with no exposure to an ailing Europe.

In a world where the plight of a few small countries can hold the world hostage, Cramer said Hormel gives investors exactly what they're looking for. It doesn't have any ties to the European economy and, unlike JPMorgan Chase (JPM), investors can easily determine how the company makes its money.

But that doesn't mean Hormel is a sleepy stock with no growth, said Cramer. The company is constantly innovating with brands like Jennie-O turkey, which booked $72 million in sales last quarter. Hormel is also the purveyor of many ethnic brands including Chi-Chi's salsa and Wholly Guacamole.

Unlike Facebook (FB), which has the attention of just about every investor, Cramer said Hormel has the opposite problem -- not enough investors paying attention to this great company. With corn prices falling and a long runway of non-European international growth ahead of it, Cramer said Hormel is exactly the right stock for our turbulent markets.

Hormel also boasts a 2% dividend yield.

Laptops Obsolete?

Are notebook and laptop PCs going the way of the typewriter? After miserable quarterly results from Dell (DELL), Cramer thinks they are.

Make no mistake, Cramer told viewers, Dell's problems were not just with slowing corporate spending. Sales for the company's consumer products were also down 15%, a staggering figure. But why is this happening?

Cramer said that Michael Dell, Dell's founder and CEO, has a vision of the world that sees everyone with a desktop, a laptop and a smartphone. Unfortunately, that world view is simply wrong, said Cramer, as Apple (AAPL), a stock he owns in his charitable trust, Action Alerts PLUS , has proven with the iPad.

The seismic shift away from notebooks and laptops in favor of iPads goes far beyond Dell, noted Cramer, as both Intel (INTC) and Microsoft (MSFT) are also betting on stabilizing PC and laptop sales. Cramer predicts industrywide estimate cuts for PCs based on the Dell news.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs