In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
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Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
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Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
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On Wall Street, there's a fragrance stock that's as sought after as the famous and fashionable who endorse its perfumes.
"They create proprietary compounds that have a specific taste or scent and then license these flavors and fragrances out to the food, beverage and soft goods companies that are always desperate for even the slightest edge against their many competitors," explained Cramer.
, the company behind Estée Lauder's 'Beautiful', Calvin Klein's 'Euphoria', and Ralph Lauren's 'Polo Blue' to name but a few, have been very much in demand; they've advanced 5 percent in a month and more than 20 percent over a 1 year period.
Cramer believes confirm the advance
"It earned $1.32 per share, a 7-cent beat, on higher than expected revenues that were up 5.8 percent year over year, with both the flavor and fragrance sides of the business showing strong momentum."
"We're always looking for new opportunities," said Doug Tough, the chairman and CEO of International Flavors & Fragrances as he explained ways in which IFF grows its business. "Our secret sauce is that we understand consumer insights. We have labs all over the world and we locally adapt what consumers are looking for, all over the world."
Also Tough added, "we've got good technology and that's also helping us win new business opportunities (too) and that's why we're growing faster than the market.
Cramer likes the business. In fact he has for a while.
Read more from Mad Money with Jim Cramer
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"It was one of the first stock's I recommended when I worked at Goldman Sachs in the '80's." Since that time shares have advanced more than 1000% "Boy am I glad that I did."
"Take a look at IFF," Cramer added. "I think you'll be glad you did."
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