Cramer said that he remained a big fan of PVH as it continues to grow and reward shareholders.
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 DryIn an unusual fourth "Executive Decision" segment, Cramer sat down with Steve Tanger, president and CEO of Tanger Factory Outlets (SKT), a retail REIT with a 2.7% yield.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
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.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
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.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV