GO
Loading...

Why Cramer Is Bullish on Annie’s

Monday, 2 Apr 2012 | 8:01 PM ET
Cramer's Organic Showdown: Hain vs. BNNY
Mad Money host Jim Cramer compares newcomer, Annie's Inc. to Hain Celestial Group, to try and figure out the growth paths of both companies.

“Mad Money” host Jim Cramer had a message for investors on Monday: if a stock has a huge first-day pop following its initial public offering, don’t be scared away. After all, the pop probably means the deal was simply priced way too low.

Take Annie’s , for example. The natural and organic food company’s stock had a huge spike after its recent IPO. But even so, Cramer said BNNY is still cheaper than rival Hain Celestial’s stock.

“I bet the stock goes higher from here, especially as we approach the end of the quiet period and the beginning of the analyst promotional push,” Cramer said.




Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

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

  Price   Change %Change
HAIN
---
BNNY
---

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.