This Day On The Street
Continue to site
ADVERTISEMENT
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

Cramer's 'Mad Money' Recap: Just What the Economy Needed

Cramer said that he remained a big fan of PVH as it continues to grow and reward shareholders.

Lightning Round

In the Lightning Round, Cramer was bullish on Ethan Allen Interiors (ETH), Marathon Petroleum (MPC) and Annaly Capital (NLY).

Cramer was bearish on La-Z-Boy (LZB), Research In Motion (RIMM), Cisco Systems (CSCO), Nordic American Tanker (NAT), Clean Energy Fuels (CLNE) and F5 Networks (FFIV).

Food for Thought

For his third "Executive Decision" segment, Cramer spoke with John Foraker, CEO of Annie's (BNNY), a stock that's up 14% since Cramer recommended investors get in on the company's initial public offering earlier this year. Annie's just reported a penny-a-share earnings miss on better than expected sales with upbeat guidance.

Foraker admitted that Annie's could have done better in this most recent quarter if only it was able to keep more items on store shelves. He said his company has a great brand but certainly needs to execute better in order to meet growing customer demand.

Foraker also noted the Annie's brand is moving more mainstream, with over 7,000 stock-keeping units, or SKU, moving from the specialty health food aisle to more traditional placements inside many stores. Annie's pays slotting fees for these moves, but the company is happy to pay them as more and more customers are exposed to the brand.

Annie's is a driver of growth and profits for retailers, noted Foraker, as the health food consumer is well educated and is willing to spend more for the items they eat. He said that Annie's is all about building both nutrition and great taste into their products, without the use of genetically modified ingredients.

When asked about the company's new line of frozen pizza, Foraker said that while results are still early, pizza is now in 2,500 stores and is selling well. He said pizza will be the first of many extensions of the Annie's brand into the frozen food aisle.

Cramer said that Annie's, along with Hain Celestial (HAIN), remains among his favorite healthy-eating stocks.

High and Dry

In an unusual fourth "Executive Decision" segment, Cramer sat down with Steve Tanger, president and CEO of Tanger Factory Outlets (SKT - Get Report), a retail REIT with a 2.7% yield.

3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
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!
SYM TRADE IT LAST %CHG
BNNY $45.97 -0.02%
PVH $104.03 0.00%
ETN $69.38 0.00%
SKT $34.21 0.00%
AAPL $134.30 1.20%

Markets

DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs