Jim Cramer Discusses DaVita’s (DVA) Share Price Movement

We recently published 12 Fresh Stocks Jim Cramer Discussed Along With His Latest Thoughts On Quantum Computing . DaVita Inc. (NYSE:DVA) is one of the stocks Jim Cramer recently discussed.

DaVita Inc. (NYSE:DVA) is a healthcare company that caters to the needs of kidney patients. Cramer made these remarks after co-host Carl Quintanilla discussed the stock’s performance and commented that it was among a group that was “leading us lower”. Healthcare stocks were shaky as legislation in the Senate without the subsidies appeared to be making its way to approval. Cramer previously discussed DaVita Inc. (NYSE:DVA) in September, as he pointed out that while the firm’s buybacks made it a good contender to buy, he was wary due to RFK Jr. Here’s what he said about DaVita Inc. (NYSE:DVA) in this appearance:

“People are talking, people are saying that, they needed these subsidies. And I’m not going to disagree. . the Democrats would go for it before the ridiculous aircraft thing this weekend. . .So that group is not, I’m not saying they’re un-investable, because those things always tend to bounce back.”

Jim Cramer Discusses DaVita's (DVA) Share Price Movement

Here is what Cramer said on September 9th about DaVita Inc. (NYSE:DVA) and buybacks:

“In terms of just closing your eyes and buying stocks that have a large share count shrinkage, DaVita’s number one. Now, this is a kidney dialysis company that has indeed retired 9% of its share count annually for the last 10 years. That’s big. But you see, it’s not something I want to buy with RFK Junior anywhere near the specialty medicine business.”

While we acknowledge the risk and potential of DVA 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 time frame. If you are looking for an AI stock that is more promising than DVA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.