date:Jul 18, 2012
Time and again, we've seen how a well thought out break up orspin off can send a stock soaring higher, Cramer said on his July 16 show. So, when I see an iconic American brand that couldbenefit from a little break-up action, I can't keep my mouth shutabout it.
While frozen food accounts for just 15% of Heinz's total sales,Cramer thinks it's holding back the entire company. During itsanalyst day on May 24, Heinz lowered its long-term guidance basedon difficulties in its North American business,