Opinions
Jim Cramer - Mad Money
United Natural Foods
UNFI-Q
BUY ON WEAKNESS
Apr 16, 2021
It was a dog, but has leapt 125%, so wait for a dip.
$35.980
Stock price when the opinion was issued
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COMMENT
Secularly this is in the right space. Everybody is looking for healthier, more organic, more natural foods that are better for you. He’s a huge proponent of that, but this is trading at a massive multiple. In the next leg of a rally, you are going to have to see some M&A happen with some traditional players such as Kraft (KRFT-Q) and Kellogg (K-N) looking to expand, making acquisitions.
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