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Jim Cramer's Mad Dash: RH SFM WFM

NEW YORK (TheStreet) -- On CNBC's "Cramer's Mad Dash" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said Restoration Hardware (RH - Get Report) reported an "amazing, blowout quarter."

Despite the stock appreciating roughly 80% in the past year ahead of Friday's earnings release, Cramer said there were worries over the quarter because of broader weakness in the retail sector. 

"This was a remarkable quarter. The stock goes higher," He concluded. 

Sprouts Farmers Market (SFM - Get Report) announced a secondary offering of 15 million shares at $33.75.

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According to Cramer, investors have been leaving Whole Foods Market (WFM - Get Report) and buying shares of SFM. You can see this in Whole Foods Market being nearly 25% off its 52-week highs, he pointed out. 

But while Sprouts Farmers Market is a "very respectable company," Cramer prefers to be a buyer of Whole Foods. The stock does not deserve the recent selloff since this is a company with comparable-store sales growth of 5.5%.

Buy Whole Foods Market below $52, he said.

-- Written by Bret Kenwell in Petoskey, Mich.

 Follow @BretKenwell

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

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SYM TRADE IT LAST %CHG
SFM $20.37 -0.34%
RH $92.48 0.60%
WFM $32.76 -0.27%
AAPL $112.76 -0.47%
FB $89.43 -1.74%

Markets

Chart of I:DJI
DOW 16,528.03 -114.98 -0.69%
S&P 500 1,972.18 -16.69 -0.84%
NASDAQ 4,776.5080 -51.8170 -1.07%

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