Is Health a Path to Wealth?
Given the obesity epidemic in this country—with as many as 70 percent of Americans weighing in at too high a number, Cramer said—the shift to healthier foods is a secular trend worth watching.
And we’ve heard about it from companies as varied as Chipotle , Whole Foods and on Thursday Hain Celestial . Hain, maker of Terra and Garden of Eatin' chips, Celestial Seasonings teas, Soy Dream non-dairy milk, and Earth's Best personal-care products, delivered inline earnings, excluding one-time items, and a 12-percent year-over-year rise in revenues for the first quarter and reaffirmed its 2011 guidance.
Cramer likes the story here, and the stock, trading at just 18 times earnings with a 12-percent long-term growth rate, is relatively cheap. For more on Hain, and the health-food trend overall, watch the video to see Cramer's interview with CEO Irwin Simon.
A previous version of this story misstated Hain Celestial's first-quarter earnings.
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