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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday August 25.

CEO Interview: Irwin Simon, Hain Celestial (NASDAQ:HAIN). Other stocks mentioned: Whole Foods (NASDAQ:WFM), Kroger (NYSE:KR), Wal-Mart (NYSE:WMT), Amazon (NASDAQ:AMZN)

There are few themes that are bigger than healthy eating, and with 72 million overweight Americans, there is a growing demand for Hain Celestial's (HAIN) healthy offerings. The company produces popular brands such as Terra Chips, Celestial Seasonings Teas, Greek Gods yogurt, Soy and Rice Dream and Earth's Best baby food.

The company beat earnings by 2 cents off of a 33 cent basis, and growth was a staggering 31%. The stock is 6 points off its high, because it was unfairly sold along with the general market. The stock has gained 74% since Cramer got behind it in April of last year. With the hurricane expected to hit the East Coast, CEO Irwin Simon says he has noticed customers in stores stocking up on Hain products. While Whole Foods (WFM) has been the main place to buy Hain products, the brands are selling well at Wal-Mart (WMT), Kroger (KR) and Amazon (AMZN). Simon discussed the highly successful acquisition of the Greek Gods yogurt brand for $15 million last year and noted it has quadrupled in size.. He expects 9-11% growth for the upcoming year and has been seeing $30 million in sales of new products.

Hain has a winning strategy of buying tired, conventional brands and "cleaning up" their ingredients to make them more healthful. Gross margins have improved 186 basis points, inventory is turning fast, and in spite of a 3.5% rise in prices, consumers are still paying up for Hain Celestial. Cramer thinks the stock's decline is a great buying opportunity.

CEO Interview: Bill McDermott, SAP (NYSE:SAP). Other stock mentioned: Apple (NASDAQ:AAPL)

SAP (SAP) is a huge German software company; 60% of the world's transactions are on SAP systems and entire industries run on their software. "When I hear of a company running on SAP," Cramer said, "I think they should be able to raise estimates because of it." The company is involved in mobility solutions, customer relations and management software used in real time. The stock sells a a very low multiple, even lower than it traded in the recession, even though the company has reported quarter after quarter of solid growth.

Hardware is not where the growth is, CEO Bill McDermott explained, software is the sweet spot. McDermott demonstrated how SAP can monitor every geography in the world in real time. SAP uses cloud and mobility and is growing at a 35% rate year over year. The company has a close relationship with Apple (AAPL) and is the biggest user of iPads in the world. As the slow season for tech draws to a close, Cramer would buy this cheap tech stock.

Bank of America (NYSE:BAC), Sprint (NYSE:S), Uranium Energy (NYSEMKT:UEC), Goldman Sachs (NYSE:GS)

The 170 point decline in the Dow on Thursday was no surprise, since stocks were up for a couple of days on the decline in gold. The news is still bad and recession fears loom, especially with negative news from Europe and yet another lackluster jobs report. Yet, there were two bright spots on Thursday that helped investors renew their faith in stocks. First, Buffett is investing in ailing Bank of America (BAC), a bank which until the announcement, seemed to be on its last legs. Second, shares of Apple (AAPL) did not suffer after the resignation of CEO Steve Jobs.

While there is still a recession watch, there is renewed hope for financials. Bank of America (BAC) might even be a buy.

Cramer took some calls:

Sprint (S) has a problem with capital structure and needs to raise a lot of money. In the meantime, "no one wants to own the stock."

Uranium Energy (UEC) is a sell, sell, sell. Nuclear stocks are not worth buying.

Financials, including Goldman Sachs (GS) should not be sold right now, especially after Warren Buffett has invested in BAC. Cramer would wait for an uplift in financials before selling.

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Source: Cramer's Mad Money - Hain Celestial Is A Healthy Investment (8/25/11)