Jim Cramer Discusses Molina Healthcare’s (MOH) Share Price Movement

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

Molina Healthcare, Inc. (NYSE:MOH) is a healthcare insurance company. Its shares closed 7% lower yesterday. Cramer commented that the firm needed subsidies after co-host Carl Quintanilla remarked that stocks such as Molina Healthcare, Inc. (NYSE:MOH) were dragging the market lower at the open. The CNBC TV host outlined that investors were worried about the firms needing the subsidies and held back from calling the group completely uninvestable:

“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.”

A medical technician holding the instruments in her hands

Cramer previously discussed Molina Healthcare, Inc. (NYSE:MOH) back in March. Here is what he said:

“Finally, look at a little outfit called Molina Healthcare, again, I’m looking at the leaderboard, the domestic health insurer that works with state governments to give people healthcare while trying to keep costs down. These guys have no exposure to tariffs whatsoever, one reason why the stock rallied more than 4% today. That’s an ideal service business when you’re talking about 25% tariffs on foreign cars.”

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