Cramer Organic & Naturals Trend Stock (HAIN, UNFI, WFMI)

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By Douglas A. McIntyre Published
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On tonight’s MAD MONEY, Jim Cramer wanted to discuss a stock in a great trend from microtrends.  The vegan children and organic going mainstream is a huge and growing market and he likes Hain Celestial (NASDAQ:HAIN) as the play for this.  This stock closed at $33.76, down 0.76% today, but shares rose over 3% to $35.00 in after-hours trading after the Cramer note.  This has a $1.34 Billion market cap, and this looks like a new 52-week high.

A name that 24/7 Wall St. likes just as much or more at current prices is United Natural Foods (NASDAQ:UNFI), which is more of the casino operator analogy rather than the gambler.  This has a few of its own packaging but it distributes over 40,000 products.  It already got the guidance out there for 2008 which was in a combined Whole Foods (NASDAQ:WFMI) and Wild Oats environment that really hit the stock.  As Kroger goes more organic and as Safeway and others are increasing organic and natural offerings this is one we like even better.  The only thing we don’t like is that United Natural has a bit more exposure to transportation and materials costs comparatively and that may keep a lid on this.

Jon C. Ogg
October 24, 2007

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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