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.

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