Cramer noted that while the markets have soared, both Hain and Annie's have stumbled of late. Annie's was saddled with allegations of metal filings in their pizzas on Jan. 22, while Hain suffered from allegations of pesticides in its teas on Feb. 21. While both allegations were later found to be false, the damage done to both stocks still lingers.

While both are good companies, said Cramer, he's going with Hain as the way to play organic foods, as that stock is only up 5% for the year compared to 19% for Annie's.

He noted that Annie's trades at a full 39 times earnings with a 22% growth rate, not leaving much upside as his rule is to never pay a multiple that's more than twice the growth rate for a stock. Hain, however, trades at just under 20 times earnings and it has a growth rate of 17%, giving the stock much more room to run.

Cramer said there's also a lot to like about Hain other than its valuation. The company has aggressive expansion plans, both here and abroad, and is taking market share in just about every category in which it competes. Given that investors can pick up shares of Hain on the cheap, Cramer said he's a buyer.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer said it's time to part with Kimberly-Clark ( KMB) on the heels of a recent downgrade. He said that while he still holds the makers of Kleenex and other iconic brands in high regard, he simply cannot recommend a stock trading at 17 times earning when it only has a 7% growth rate.

Cramer said Kimberly-Clark remains incredibly pro-shareholder with a sizable dividend and meaningful stock buyback program. But with shares having risen so much, the company's yield has now fallen to just 3.5%. That's too much to pay, Cramer concluded, even for the venerable Kleenex.

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-- Written by Scott Rutt in Washington, D.C.

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

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or is related to the specific opinions expressed by him on "Mad Money."

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