Jim Cramer's Mad Dash: Hain Celestial Group Still Has Growth

NEW YORK (TheStreet) -- The short-sellers argue that Hain Celestial Group (HAIN) no longer has organic growth and must resort to acquisitions in order to maintain its current growth, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Cramer's Mad Dash" segment. 

"But today they are losers," he said in regard to the short-sellers, as the stock is higher by roughly 9% after a top- and bottom-line earnings beat.

Lately, the spotlight has been on WhiteWave Foods (WWAV) , Cramer said.

However, Hain Celestial CEO Irwin Simon reminded investors that the company is selling more than most would think, and provided guidance that was much better than what most analysts had expected. 

Hain Celestial Group has become a prime takeover target for any company that's looking to add natural and organic food to their portfolio, Cramer concluded, pointing to companies such as Kraft (KRFT) , Mondelez International (MDLZ) , General Mills (GIS) , Kellogg (K) and even Coca-Cola (KO) .

-- 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.

More from Opinion

AAP Exclusive: Cramer Says The President is No Longer on the Side of the Bulls

AAP Exclusive: Cramer Says The President is No Longer on the Side of the Bulls

Why It Makes Perfect Sense for Netflix and Amazon to Buy Up Movie Theaters

Why It Makes Perfect Sense for Netflix and Amazon to Buy Up Movie Theaters

2 More Reasons to Sell All Your Stocks and Run Away

2 More Reasons to Sell All Your Stocks and Run Away

Sean Hannity's Link to Trump Lawyer Raises Questions: Doug Kass Insider

Sean Hannity's Link to Trump Lawyer Raises Questions: Doug Kass Insider

Netflix Blowout Earnings Remind Investors of One Thing: This Company Is a Beast

Netflix Blowout Earnings Remind Investors of One Thing: This Company Is a Beast