Jim Cramer Says “UnitedHealth Has Got A Lot of Good Things Going for It”

UnitedHealth Group Incorporated (NYSE:UNH) is one of the stocks Jim Cramer expressed his thoughts on. A caller asked for Cramer’s opinion of the stock, and he replied:

“I’m a buyer. What happened in UnitedHealth, where they did some, where there was some chicanery, seems to be the, the authorities don’t seem to be looking at that. UnitedHealth has got a lot of good things going for it. This may not be the year that it turns around, but I do think next year it will. I’ve looked at it hard. Now, my favorite, by the way, is CVS… because they’ve got another model, front of the store that is real good too.”

A person with stock market data on a laptop. Photo by Anna Nekrashevich on Pexels

UnitedHealth Group Incorporated (NYSE:UNH) provides health care services, insurance plans, pharmacy care, and data-driven solutions. During the September 18 episode, Cramer said that he would buy the stock with calls and not buy common stock. He commented:

“Okay, so UNH, when I read that they are throwing their weight around in Washington and spending a lot of time with the, in the executive offices and really spending a, really making a point of touching bases with all the people who might be able to rub up against some of the people who are trying to hurt them, like maybe prosecutors, it makes me feel that UNH is bottomed. And I did think that they would be, they could have the death sentence of being investigated for Medicare fraud. It does seem like that might be off the table. I don’t, do I want to go buy it here? I would, if I bought it, I would buy with calls. I would not buy with common stock.”

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.

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