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