Jim Cramer Latest Stocks: 23 Stocks He Just Talked About

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16. GE HealthCare Technologies Inc. (NASDAQ:GEHC)

Number of Hedge Fund Holders In Q3 2024: 50

GE HealthCare Technologies Inc. (NASDAQ:GEHC) is an American healthcare products company that sells products such as diagnostic equipment and pharmaceutical agents. Its shares are up 1.61% year-to-date, which reflects the slowdown in the broader healthcare industry. The slowdown in China has hit GE HealthCare Technologies Inc. (NASDAQ:GEHC) hard, with the firm’s China revenue dropping by 17% in the nine months ending in September. The firm’s China headwinds include an ongoing anti-corruption drive in healthcare and the trickle-down effects of China’s economy-boosting stimulus. China was also on Cramer’s mind as he discussed GE HealthCare Technologies Inc. (NASDAQ:GEHC):

“GE Healthcare. GEHC. Which has just been crushed by the fact that they don’t have the China orders. Now I think that they’re going to annualize [inaudible] so it won’t be so bad.”

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