Long/short equity, value, special situations, growth

Icahn's Sale Of Hain Celestial: Is It The End, Or The Start Of A New Chapter?

I am a believer in the organic/natural foods mega-trend. I owned shares of Hain Celestial (NASDAQ:HAIN) in the past and would like to re-establish a position if/when the shares pullback. Despite Hain's multi-year growth story and good Q4 results, Carl Icahn sold half his stake last week. It is worth re-examining the company when a smart investor like Icahn makes a sale like that. Icahn's sale sends a signal to the market, but I view it as the end of one chapter in the company's development and not the end of the company's growth story. In this article I will analyze Hain's growth opportunities and valuation in the wake of Icahn's sale.

Hain Overview

Hain manufactures a...

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