Cramer also said the LBO market is hot with guys making money.  Henoted that KKR is actually down in Netherlands since coming public.  Hethinks a food company Treehouse Foods (THS) hat makes private labelfoods is a great play in LBO’s.

The soup and baby food units and others are helping it.  The company isnot just a food company, it’s a leveraged buyout play.  The owners havedone this before with Keebler by flipping it to Kellogg (K).  He thinksTHS is worth betting on.  The food business is slow and non-growth ingeneral, but there are many great plays there that you can takeadvantage of.  This company is an acquisition company and it is growingearnings with select acquisitions.

He has profiled THS before, but they have still grown.  Now it has ahigh enough share price to go out and make deals and he would be abuyer of THS right now even at the 52-week high.

THS has a $18.33 to $30.50 52-week trading range.  THS closed up 1.5%at $30.64, a new 52-week high and above the old high noted from Friday;it traded up another 4% to $32.00 after Cramer touted this stock.

Jon C. Ogg
November 20, 2006