Jim Cramer Says if Hinge Health Comes Down a Little More He “Would Buy More”

Hinge Health, Inc. (NYSE:HNGE) is one of the stocks Jim Cramer recently expressed his thoughts on. Inquiring about the stock, a caller mentioned that they have a large position in the stock. Cramer commented:

“… Second, you do not have a profit until you take something off the table. You did not have a profit; you had an unrealized profit. Third, you’re lucky. I think this company is really terrific, and if anything, if it came down a little more, I would buy more. That’s how good.”

Photo by Chris Liverani on Unsplash

Hinge Health, Inc. (NYSE:HNGE) develops digital health software focused on musculoskeletal care, covering injury recovery, chronic pain management, and post-surgical rehabilitation. Cramer mentioned the company during the September 4 episode and said:

“We’ve had a lot of phenomenal IPOs this year, stocks that have exploded higher, stocks like Hinge Health, which is a digital physical therapy platform. You get it via your phone rather than in person. Not long ago, after this one came public in May, I told you it was worth buying. At the time, the stock was trading at 44. Now, it’s at 55 and change. In large part because Hinge reported a stellar first quarter right out of the gate, a little over a month ago.”

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