Jim Cramer Recently Looked at These 25 Stocks

21. Medline Inc. (NASDAQ:MDLN)

Number of Hedge Fund Holders: N/A

Medline Inc. (NASDAQ:MDLN) is one of the stocks Jim Cramer recently looked at. Asking about the stock, a caller mentioned that they started their position when it was at $39. Cramer commented:

I’m going to tell you about Medline. That stock is unbelievable. I think it is a [buy, buy, buy, buy, buy, buy, buy, buy, buy]. That’s nine buys, just for the record.

Medline Inc. (NASDAQ:MDLN) supplies medical and surgical products for hospitals, surgery centers, and other healthcare facilities. Cramer discussed the company’s IPO during the January 7 episode, as he commented:

But again, the fact that the IPO market was able to mostly self-correct in these situations and stamp out the froth, that’s what we really like, it’s a good thing for stocks in general. Just after Fermi came public, the IPO market went quiet for a while, thanks to the government shutdown that forced a much-needed cooling-off period for the IPO market, was good for us. After the government reopened, we ended up getting the largest deal in four years when Medline came public. Now, this is a medical supplies distributor and a medical device maker, highly thought of in the industry. Medline priced its IPO at $29, and the stock jumped to $41 on its first day of trading. Now, it’s just at 40 bucks and change. Now, this seems pretty healthy to me, and it’s a terrific company, and if the stock comes in, it’s a buy.