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Is Health a Path to Wealth?

Thursday, 4 Nov 2010 | 6:54 PM ET
Spotlight on Hain Celestial
Organic and natural food maker Hain Celestial would make an attractive takeover target for a host of food companies, according to "Mad Money" host Jim Cramer. Irwin Simon, Hain Celestial chairman, president and CEO, discusses his company's latest quarter and the drive to get people to eat healthier.

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.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

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