Jim Cramer’s Bold Predictions About These 10 Healthcare Stocks

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1. UnitedHealth Group Incorporated (NYSE:UNH)

Number of Hedge Fund Holders In Q3 2024: 112

Date of Cramer’s Comments: 09-05-24

Performance Since Then: -14.7%

UnitedHealth Group Incorporated (NYSE:UNH) is one of the biggest healthcare benefits management firms in the US. The second half of 2024 hasn’t been kind to the shares. December, in particular, has been a rough month since the stock has lost 16.9% so far. The sell-off kicked off after it guided full-year profit per share to sit between $29.50 and $30.00 which was below analyst estimates of $29.92. Investors were also spooked by UnitedHealth Group Incorporated (NYSE:UNH) ‘s 2025 medical cost ratio guidance of 86% to 87%. Its stock has also suffered after President-elect Trump’s vow to take on the healthcare middlemen. Here’s what Cramer said in September:

“I am bullish on UNH. Last year, I got bullish on Humana, which was a mistake. The better one is UNH. You always have to go with the best of breed. I will not make that mistake again. This stock is very close to its high and could pull back, but I’ve got to tell you, it is best of breed and a winner.”

UNH was a semiconductor stock Cramer mentioned in August. While we acknowledge the potential of UNH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than UNH but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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