Jim Cramer Discusses Joe Rogan, Elon Musk, And These 13 Stocks

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11. Cardinal Health, Inc. (NYSE:CAH)

Number of Hedge Fund Holders In Q3 2024: 40

Cardinal Health, Inc. (NYSE:CAH) is one of the biggest healthcare service providers in the US. The firm caters to the needs of the hospital, pharmacy, and other associated healthcare industries. Cardinal Health, Inc. (NYSE:CAH)’s shares gained 18% in 2024 as the firm managed to benefit from the high-margin nature of specialty medicines for diseases such as arthritis and cancer. The strong performance in these segments was followed and accompanied by Cardinal Health, Inc. (NYSE:CAH) acquiring gastroenterology and oncology companies to further grow its portfolio. Cramer believes that the market reaction to the stock is unwarranted:

“And Cardinal Health up, why? Very simply, because Cardinal Health is a middle man, people didn’t want to own it. Turned out to be better than expected.

“I would absolutely do the opposite of everything I just said in terms of where stocks are going. Everything. Take the other side of everyone of those trades. Take the other side.”

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