Jim Cramer on Clover Health: “You’re in Pure Spec Mode There”

Clover Health Investments, Corp. (NASDAQ:CLOV) was among the stocks Jim Cramer was focused on, as he discussed Mad Money’s latest game plan for the week. During the lightning round, when a caller asked about the stock, Cramer said:

Well, it’s good, but remember, the quarter wasn’t good, the quarter was not good. So you’re in pure spec mode there. The revenues were okay, but the earnings were not there. So take it with a grain of salt that it’s moved up because it was not a great quarter.

A stock market graph. Photo by energepic.com

Clover Health Investments, Corp. (NASDAQ:CLOV) offers preferred provider organization and health maintenance organization Medicare Advantage plans to eligible individuals. The company also provides physicians with a software platform, Clover Assistant, to support the detection, identification, and management of chronic diseases. During the episode aired on January 21, 2025, a caller inquired about the stock, and the Mad Money host responded:

Okay, that is just a total spec. I mean, the kind of stocks that we talk about in healthcare, I think, are much better than this. This company loses a lot of money. I’m not recommending stocks on Mad Money of companies that lose a lot of money.

While we acknowledge the risk and potential of CLOV 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 CLOV and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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