5 Best Food Stocks To Own Right Now

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NEW YORK (TheStreet) -- The pattern worked again, Jim Cramer told "Mad Money" viewers Wednesday as the markets sold off on the latest words from the Federal Reserve.

Cramer said the markets have been following a predictable pattern around the last few Fed meetings. It goes something like this:

In the days leading up to a Fed meeting, the markets tend to rally as they presume the economy is too weak to stand on its own and the Fed will continue its bond-buying programs to keep interest rates low. Why does the Fed want rates low? Because that gives companies incentives to expand and hire more workers. It ignites the housing market with low interest rates. It helps companies refinance their debt to free up more cash for buybacks and dividend boosts. All of these things are good for stocks, and the market is happy to embrace a friendly Federal Reserve. But then the day of the Fed meeting arrives and investors hear, as if for the first time, that the economy is weak and the Fed has no choice but to keep buying bonds to keep things afloat. This "news" brings in waves of sellers, sending the market sharply lower -- as it did today. However, in the days after a Fed meeting, the pattern continues. Cooler heads prevail, realizing the Fed is once again our friend and -- oh, look! -- stocks just got a whole lot cheaper. Thus, the buying begins once again. Cramer still thinks now is a good time to lock in profits so investors can be ready for when the next rally is ready to begin. Executive Decision: David Wenner In his "Executive Decision" segment, Cramer sat down with David Wenner, president and CEO of B&G Foods (BGS), the food stock that's up 212%, including reinvested dividends, since Cramer first recommended it nearly three years ago. Wenner said the grocery business is always a challenging one and B&G is always adapting its products and strategies to changing eating habits and the competitive landscape. Normally, B&G provides steady performance, he noted, although a little less so this quarter.

Top 5 Warren Buffett Companies To Watch In Right Now: MicroFinancial Incorporated(MFI)

Microfinancial Incorporated, through its subsidiaries, operates as a specialized commercial finance company that provides microticket equipment leasing and rental, and other financing services in the United States. The company provides financing alternatives, and leases and rents commercial equipment to start-up and established businesses for use in their daily operations. It leases water filtration systems, food service equipment, security equipment, point-of-sale cash registers, salon equipment, health care and fitness equipment, and automotive equipment. The company primarily sources its originations through a network of independent equipment vendors, sales organizations, and other dealer-based origination networks. Microfinancial Incorporated was founded in 1987 and is headquartered in Woburn, Massachusetts.

Advisors' Opinion:

• [By Eric Lam]

  Alacer Gold Corp. and Iamgold Corp. rallied at least 5.9 percent as the metal traded at its highest in 11 weeks. Maple Leaf Foods Inc. (MFI) jumped 7.8 percent as it agreed to sell a unit for C$645 million ($614 million). Penn West Petroleum (PWT) Ltd. added 1.7 percent after cutting 25 percent of its workforce to reduce costs.

• [By Magic Diligence]

  One stock that has been in the official Magic Formula (MFI) screen for the past month or so has piqued my interest: Kraft (KRFT).

  The MFI screens, particularly the $50 million screen, are usually reserved for deep value stocks. Usually you find stocks in here suffering serious adverse business developments (LQDT, NSR, etc.), operate in out-of-favor industries (APOL, STRA, etc.), have volatile and difficult-to-predict future prospects (PDLI comes to mind), or are just simply cheap quantitatively (CSCO, COH, et.al.).

5 Best Food Stocks To Own Right Now: SAP AG(SAP)

SAP AG provides business software primarily in Europe, the Middle East, Africa, the Americas, and the Asia Pacific Japan region. The company?s products includes SAP Business Suite software, which supports large organizations in their core business operations, such as supplier relationship, production, warehouse management, sales, administration, and customer relationship; SAP Business All-in-One, a business management software that assists midsize companies in managing various business functions, including financials, human resources, procurement, inventory, manufacturing, logistics, product development, sales, and marketing; SAP Business One, a business management application for small businesses; and SAP Business ByDesign, an on-demand solution for integrated business management applications. Its products also comprises SAP BusinessObjects Edge business intelligence and enterprise performance management solutions; Xcelsius, a data visualization software; Crystal Reports, which helps users design interactive reports; Sybase IQ, an optimized analytics server designed to deliver results for business intelligence, analytics, data warehousing, and reporting solutions; SAP solutions for sustainability; and SAP NetWeaver technology platform, which integrates information and business processes across various technologies and organizational structures. In addition, the company offers industry and solution-focused, business transformation, information technology transformation, custom development, and support services; and program, project management, quality assurance, and education and certification services. It sells its products through its subsidiaries and resellers. SAP AG has a strategic relationship with Cap Gemini S.A. to develop and deploy enterprise mobility solutions. The company was formerly known as SAP Aktiengesellschaft Systeme, Anwendungen, Produkte in der Datenverarbeitung. SAP AG was founded in 1972 and is headquartered in Walldorf , Germany.

Advisors' Opinion:

• [By Rich Smith]

  Salesforce stock is all bark ...
  When you stack up Salesforce stock against two of its larger, incumbent rivals in database software -- SAP (NYSE: SAP  ) and Oracle (NYSE: ORCL  ) -- there's plenty of reason to expect the former to outperform the latter. For example, according to the smart folks at finviz.com, who keep track of these kinds of things, Salesforce boasts a better record of sales growth than either of its rivals:

• [By Jonathan Morgan]

  SAP AG (SAP) added 2.1 percent to 59.89 euros. The world�� largest maker of business-management software has ended discussions to acquire Jive Software Inc. (JIVE), which has a market value of more than $1 billion, people familiar with the matter said.

• [By Julianne Pepitone]

  BlackBerry (BBRY) is, at least temporarily, pinning its hopes on Chen, who successfully turned around the struggling enterprise software maker Sybase and sold it to SAP (SAP) in 2010.

• [By Cornelius Rahn]

  SAP AG (SAP), the largest maker of business-management software, slumped to an eight-month low after competitor Oracle Corp. (ORCL) reported quarterly sales that missed estimates, fueling concerns about weaker license demand.

5 Best Food Stocks To Own Right Now: CannaVEST Corp (CANV)

CannaVEST Corp., formerly Foreclosure Solutions, Inc., incorporated on December 9, 2010, is engaged in the business of developing, producing, marketing and selling end consumer products to the nutriceutical industry containing the hemp plant extract, Cannabidoil (CBD). The Company produces raw ingredients for neutraceutical markets. This substance can be used with foods and nutritional supplements for consumer health and wellness benefits, as well as in the pharmaceutical industry. On March 4, 2013, the Company acquired KannaLife Sciences, Inc. On December 31, 2012, the Company acquired certain assets of PhytoSPHERE Systems, LLC (PhytoSPHERE). It also secured the license to the name PhytoSPHERE and PhytoSPHERE Systems for use in the development and commercialization of hemp-based products.

The Company focuses to develop applicable raw ingredients, and provide raw ingredients for the production and development of multiple existing and developing product applications. Its focus is to produce, market and distribute hemp-based consumer products, as well as acquire existing businesses involved in the industrial hemp industries.

Advisors' Opinion:

• [By John Udovich]

  The Marijuana Index is Really Getting Stoned. The Marijuana Index, which is the first and only registered equity tracking index for marijuana stocks, cannabis stocks and hemp stocks,�experienced significant volume and price fluctuations throughout the month of February when is started the month at the $25 level only to close the month at $56.21 for a 125% gain as some marijuana stocks experienced all time highs. Notable gainers included Abattis Bioceuticals (OTCMKTS: ATTBF)�being up 194%, Advanced Cannabis Solutions (OTCQB: CANN) being up 132% and CannaVest (OTCMKTS: CANV) being up 116%. You can see all of the�Marijuana Index�� advancers and decliners at http://www.marijuanaindex.org.

5 Best Food Stocks To Own Right Now: Woolworths Ltd (WOW)

Woolworths Limited is an Australia-based company. The Company operates in five segments: Australian Food and Liquor, New Zealand Supermarkets, Petrol, BIG W and Hotels. Australian Food and Liquor segment is engaged in the procurement of food and liquor and products for resale to customers in Australia. New Zealand Supermarkets segment is engaged in the procurement of food and liquor and products for resale to customers in New Zealand. Petrol segment is engaged in the procurement of petroleum products for resale to customers in Australia. BIG W segment is engaged procurement of discount general merchandise products for resale to customers in Australia. Hotels segment is engaged in the provision of leisure and hospitality services, including food and alcohol, accommodation, entertainment and gaming. Advisors' Opinion:

• [By Jonathan Burgos]

  Woolworths Ltd. (WOW) dropped 1.6 percent to A$33.22 after Australia�� largest retailer said challenging economic condition were evident in the second quarter.