Jim Cramer is Bullish on These 10 Stocks

7. UnitedHealth Group Incorporated (NYSE:UNH)

Number of Hedge Fund Holders: 150

Discussing health insurers like UnitedHealth Group Incorporated (NYSE:UNH), Cramer said:

“Then there are the health insurers, Humana, UnitedHealth, and Cigna. They are the ones I have my eyes on. They’re the easiest spot and we want them easy. I know the Charitable Trust should own one of these. I’m just debating which one.”

UnitedHealth Group (NYSE:UNH) offers health benefit plans, care services, pharmacy support, and health management programs. It also provides software tools, consulting, and data solutions to organizations in the healthcare field. In the beginning of April, Cramer stated:

“Right now, there’ll be a lot of fund managers who say, why do I need any of this? Just give me stocks that are American stocks that have nothing to do. And UnitedHealth, which sells at 19 times earnings, would probably sell at 25 times earnings in the near-term future, because UnitedHealth actually defines what I’m telling you people want. Up another 12 today. And that’s how money managers work. They’ll buy Umana, they’ll buy UNH, they’ll buy Cigna. […] You’re going to hear people come on, like on two-stock lunch or whatever, and they’re going to say, you know what? I like UnitedHealth and Humana here. Why? Well, they’re totally independent. Totally domestic.”