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Cramer’s Play on the Healthy Eating Market

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Published: Thursday, 25 Aug 2011 | 6:46 PM ET
Michelle Fox By:

Web Producer

HAIN CEO Speaks to Cramer
Insight on how Hain Celestial Group is faring amid rising commodity costs, with Mad Money host Jim Cramer, and Irwin Simon, Hain Celestial Group CEO.

In this difficult market, you need to focus on stocks that are tied to powerful long-term themes like obesity, Cramer said Thursday. That’s why he likes The Hain Celestial Group, the maker of natural and organic foods.

Hain reported a terrific quarter Tuesday, with a 2 cent earnings beat off a 33 cent basis and stronger than expected revenues. While the stock has come up since it reported, it is still about six points off its high thanks to the broad market weakness, the “Mad Money” host said.

“I think it could represent an excellent buying opportunity,” Cramer said. “Hain is still up 74 percent since I first got behind it in April of last year … I think it’s going to return to its positive long-term trajectory.”

To find out more about the quarter and the future for Hain, Cramer spoke with Chairman and CEO Irwin Simon.

To see the full interview, watch the video.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

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The “Mad Money” host goes one-on-one with The Hain Celestial Group’s Irwin Simon.
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