Fatten Your Portfolio With the Obesity Trade
With 68 percent of Americans overweight and half of them obese, Cramer on Monday said the U.S. has a weight problem.
"My job is to tell you how to make money off the fight against fat," said the "Mad Money" host. "You know people will do nearly anything to shed pounds and keep them off."
Being as diet is key to losing weight, Cramer likes Hain Celestial , an organic and natural food maker. It's business model is to make healthy foods that also taste great, Cramer explained. The idea seems to be working, as Hain has produced a 56 percent return since Cramer first recommended it on April 6 at $17.85.
Even though the stock flirted with its 52-week high on Monday, Cramer thinks it has more room to run. To get a better sense of just how high this stock could go, Cramer welcomed founder, chairman and CEO Irwin Simon back to "Mad Money." Watch the video to see the full conversation.
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