Jim Cramer's 'Mad Money' Recap: Running With the Bull Market
Bromley said SunOpta's business is being driven by two groups -- the baby boomers turning to healthier foods to live longer, and the millennials, who are well informed and connected and demand to know where their food comes from. He noted the millennials in particular are the first generation to actually read food labels.
Bromley noted SunOpta is not a branded food maker. It got its start sourcing raw materials, he said, which transitioned into the value-added services of blending those ingredients into products. Most of those products carry other brand names, however, and four of SunOpta's top 10 clients are private-label brands.
When asked for an example of its products, Bromley said IHOP restaurants get all its fruit toppings from SunOpta. Gone are the days of sugary canned toppings, he said -- the public now demands fresh, organic alternatives.
Cramer said as the trend toward healthy eating continues, SunOpta is a great way to play the movement.
Lightning RoundIn the Lightning Round, Cramer was bullish on Stratasys (SSYS), BioScrip (BIOS), Morgan Stanley (MS), Hexcel (HXL), Boeing (BA), Berkshire Hathaway (BRK.B), Kansas City Southern (KSU), Union Pacific (UNP), Cedar Fair (FUN), SandRidge Energy (SD) and Universal Insurance (UVE). Cramer was bearish on 3D Systems (DDD).
No Huddle OffenseIn his "No Huddle Offense" segment, Cramer said it might finally be safe to invest in banks again now that years of lawsuits may be coming to a close. Cramer said today's 3.4% rally in Bank of America (BAC), a stock he owns for his charitable trust, Action Alerts PLUS, may be the first of many because the regulators have set their sights on the foreign banks, finally allowing the U.S. banks to gain a foothold. The financials are cheap versus historical levels, Cramer said. With so many fund managers underweight on the group, a 5% to 10% rally could be possible as stocks including JPMorgan Chase (JPM) and US Bancorp (USB), two more Action Alerts PLUS favorites, plus Wells Fargo (WFC) come back into favor. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
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