Hain-Celestial (HAIN) Turning into a 'Health-Food Powerhouse' - Cramer

Hain Celestial Group (NASDAQ: HAIN) has a mess of organic, natural foods that it offers to consumers through various outlets across the country. Jim Cramer recommended the stock last September, and shares have languished a bit since then.

CEO Irwin Simon says that, despite analysts view on quarterly results, he thinks that earnings were up 35% last quarter, with free cash increasing by $60 million. He claims that healthy eating isn't a trend that is going away any time soon.

Simon said that while he did see some customers trade off for cheaper products through the recession, he now sees a decisive trend back toward their superior products and all natural ingredients.

Simon notes strength in its Earth's Best baby food line. The arm went from a $14 million brand in 1999, to a $150 million brand today. Though the company doesn't have quite the array of offerings, Simon says that the company isn't spread too thin, and is actually turning into a health food powerhouse.

Cramer agrees, though we're betting he didn't try the baby food yet!

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