We recently published a list of Jim Cramer Nailed These 11 Stock Predictions. In this article, we are going to take a look at where Sprouts Farmers Market, Inc. (NASDAQ:SFM) stands against other stocks that Jim Cramer discusses.
Back in 2024, on May 17, a caller asked about Sprouts Farmers Market, Inc., a specialty grocery chain. Cramer was clearly impressed and wanted to feature them on the show back then, saying:
“Oh man — winner winner, chicken dinner. I want them on the show. That thing is just a — that’s a juggernaut.”
Indeed a winner, the stock is up 117.99% since then. Sprouts Farmers Market, Inc. has become one of the biggest retail growth stories in America with tight execution and niche appeal.
A bright, colorful display of fresh produce in a grocery store.
Discussing a recent dip in the stock, here’s what Cramer said in February:
“The sixth biggest loser from Wednesday through Friday, one that we love, Sprouts Farmers Market. It fell 16.4% during that period. Most of the company, most of that coming after the company reported on Thursday night that bizarrely, Sprouts reported really strong numbers. This was a great quarter and all the analysts raised their estimates. Yet the stock rolled over anyway. Why? I saw someone complain that October was the best month of the quarter… The company’s full-year same-store sales forecast was much lower than its first-quarter same-store sales forecast, which suggests that growth will continue slowing throughout the year. But honestly, what really did it, I’ll tell you what did it, Sprout stock was up 220% in the 12 months before this quarter and I think this is another momentum stock that simply got too hot to handle at the last moment. And maybe it’s gonna stay that way.”
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This article is originally published at Insider Monkey.
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