Jim Cramer: Wild Oats Acquisition By Whole Foods ‘Smart Move’
CNBC’s Jim Cramer today gave ‘two thumbs up’ to the recent acquisition of Wild Oats by Whole Foods Market. Whole Foods practically invented the organic foods supermarket concept, but over the past decade, has watched its lead erode due to competitors such as Wild Oats.
Cramer is encouraging investors to “jump in with both feet” as he sees a strong future for the combined companies. I agree.
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