Cramer: 'WhiteWave Foods Has Got The Best Double Digit Momentum Of Anyone In The Category'

Loading...
Loading...
WhiteWave Foods Co
WWAV
made its all-time high today and is trading up more than 2 percent on back of Wedbush Securities initiating a coverage on the stock and rating it Outperform with a price target of $48. CNBC's Jim Cramer was recently seen discussing why he is bullish on the stock and is asking investors to get in the name. Best Double Digit Momentum. "This is really important because this company White Wave, which you know I have been really beating the drum for," Cramer said. "Gregg L. Engles [CEO of WhiteWave] his company upgraded today WWAV by Wedbush, why is this important, of course I saw Hain too, because Target very specifically, which stock is doing quite well today saying, ‘listen, we are going natural organic'." He added, "This is the sweet-spot, this is the company that makes plant based foods and I am trying to get people in this stock because it has got the best double digit momentum of anyone in the category." Pushing The Stock "And I think Hain is perfect too, but I really want people in this stock, I have been pushing it, pushing it. I hope that it comes down so people can get it. There we go, I have said my piece WhiteWave," Cramer concluded.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: CNBCJim CramerMedia
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...