Jim Cramer Sees Opportunity in Pessimism and Highlights These 12 Stocks

10. UnitedHealth Group Inc. (NYSE:UNH)

Number of Hedge Fund holders: 150

Despite not yet reporting earnings, UnitedHealth Group Inc. (NYSE:UNH) was highlighted by Jim Cramer for receiving price target bumps, an unusual show of analyst confidence in a cautious market. Here is what he said:

“The only company that is getting price target bumps today is Humana and also UNH. UNH hasn’t even reported yet.”

Jim Cramer has already made his predictions regarding UnitedHealth Group Inc. (NYSE:UNH)’s upcoming earnings. Here are his thoughts from last week:

“Yeah, it’s a better than expected. It’s a much better than expected quarter, and I’m raising numbers. Well, that’s all they ever do. I’ve never seen them not. Maybe one quarter in the last 10 years. It’s an amazing company. I remember I was long it in 1989 and made my whole year. This thing was just a juggernaut from day one. Remember when they bought everybody too? Remember the consolidation? That was a really good thing for the industry. There’s an opportunity here.”