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NEW YORK (
) -- "Mad Money" Research Director Nicole Urken met with
Jim Cramer to talk about the interview with
Whole Foods Market
(WFT - Get Report)
CEO Walter Robb, conducted on
Urken told Jim that a lot of investors had given up on the name, but when Whole Foods reported earnings, it showed that growth had resumed, margins were solid and comps were doing really well. "Walter Robb is one of the great CEOs of the era," Cramer added.
Robb told Cramer, during
Tuesday's television interview
, that he believes Whole Foods can open 1,000 stores. Although currently there are only 350 stores, Cramer believes the company can do more than Robb's estimate, "I think they can put up 1,200," he said.
Cramer continued by saying there's a lot of room for expansion and that cost cutting along with supply chain management is making the company very attractive for long-term growth.
Along with the two-for-one split at the end of May, Cramer says that all of these catalysts have poised the stock for another big move to the upside. Urken added that Whole Foods isn't even available in a lot states yet and that there's a lot of growth ahead. They also have "really great execution by management," she concluded.
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-- Written by Bret Kenwell in New York