B&G Foods CEO on Outlook
Instead of fretting about yet another day of declines on Wall Street, “Mad Money” host Jim Cramer on Tuesday recommended investors “take advantage of the weakness” to buy stocks with “domestic security,” meaning the underlying company has zero exposure to Europe’s ongoing debt crisis.
Take B&G Foods, for example. Despite the downward pressure of the overall market, B&G’s stock fell only slightly. From Ortega brand Mexican food and Cream of Wheat to Vermont Maid Syrup and more, the Parsippany, N.J.-based company manufactures and sells a variety of food products in the United States, Canada and Puerto Rico. Cramer likes its juicy dividend yield, too.
To learn more about the company’s prospects, though, Cramer welcomed CEO David Wenner onto “Mad Money.”
WATCH: Video of the full interview with B&G Foods CEO David Wenner.
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