Jim Cramer Discusses the Uncertainty Around UnitedHealth

UnitedHealth Group Incorporated (NYSE:UNH) is one of the stocks Jim Cramer commented on. When a caller inquired about the company, Cramer said:

“I have long known, this is something I learned probably in my second decade of trading or investing: You do not buy or sell something where you have no idea what is really happening. And at UnitedHealth, there isn’t anyone other than the CEO and probably 52,000 lawyers who has any idea what’s going on.”

Jim Cramer Discusses the Uncertainty Around UnitedHealth

Ken Wolter/Shutterstock.com

UnitedHealth Group Incorporated (NYSE:UNH) provides health benefits, pharmacy care, data analytics, and care delivery services, serving individuals, employers, and public-sector programs. In a July episode, Cramer called the stock “very, very tricky,” as he remarked:

“UnitedHealth is very, very tricky, and it might be a long-term turn, but I will tell you this, Steve Hemsley is the only person I know who could possibly turn this thing around. Hemsley’s back as CEO, he was amazing. I think you have to have fortitude to be in it. I don’t like the situation because there’s so many winners, as you say, but at least I want people to know that I think Hemsley’s is the real deal.”

While we acknowledge the risk and 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 time frame. If you are looking for an AI stock that is more promising than UNH 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.