NEW YORK (TheStreet) -- Not every stock is down with the S&P 500 Wednesday. WhiteWave Foods (WWAV) stock is up over 2%. Wedbush Securities initiated WhiteWave Foods with an outperform rating and $48 price target.
The stock is a favorite of TheStreet's Jim Cramer, who said during CNBC's "Stop Trading" segment that he hopes it "comes down so people can get in."
Cramer, the co-manager of the Action Alerts PLUS portfolio, has been "beating the drum" on WhiteWave Foods for a long time, noting it has the best double-digit growth momentum out of any other company in the natural and organic food space.
This specialized food category continues to gain momentum. Cramer pointed out that Target (TGT - Get Report) , an AAP holding, is putting more emphasis on organic foods as well as coffee and craft beer to drive more traffic.
-- Written by Bret Kenwell