Why Jim Cramer and Stephanie Link Recommend Whole Foods Market (WFM) Stock as a

NEW YORK (TheStreet) -- TheStreet's Jim Cramer and Stephanie Link recommend Whole Foods Market  (WFM) as a "buy" now that the stock has pulled back to less than $50.

The stock was at $8 in the 2007-2008 period but peaked at more than $70 since then. Cramer points out that the Whole Foods' guidance for comparable-store sales in stores open at least a year was lower than expected in its latest quarterly report, but the figures still surpassed all other peer companies except Chipotle  (CMG).

Cramer also points out concerns with Whole Foods' competition, such as Sprouts Farmers Market (SFM). He calls this company "very good" but "small format" and also notes The Fresh Market  (TFM) and Fairway  (FWM) are declining. He believes the real competition is Kroger  (KR), which "can be beaten."

Finally, Cramer says contends that Whole Foods is at the beginning of expanding to more than 1,000 stores.

Must Watch: Cramer & Link Are Buying Whole Foods Market Below $50

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Separately, TheStreet Ratings team rates WHOLE FOODS MARKET INC as a "buy" with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate WHOLE FOODS MARKET INC (WFM) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value."

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