We recently compiled a list of the Jim Cramer Discusses These 12 Stocks, Elon Musk & President Trump. In this article, we are going to take a look at where UnitedHealth Group Incorporated (NYSE:UNH) stands against the other stocks Jim Cramer recently discussed.

In his recent appearance on CNBC's Squawk on the Street, Jim Cramer shared his thoughts about Elon Musk's Department of Government Efficiency (DOGE), Musk's role in the government, and its impact on his companies. Commenting on industry concerns about his government efficiency initiatives impacting his companies, Cramer shared that his car, AI, and rocket companies have "seen valuations soar in recent months. So, again, the complainers, they really have to re-think their view." Musk "is creating wealth," Cramer believes as he added that "he's [Musk] changing the government. Cramer then wondered "is he President Musk?" and asked, "Who is The Apprentice?"

When asked if he didn't have a problem with Musk splitting his between two companies "No, I don't think that Dorsey, I did give him grief because it wasn't clear that he was for everyone. This guy favors every. . . .look I, he is remarkable. I just don't want him to show up here." He added: "Look what do you do, when it says, Elon Musk on line two? What do you do?"

Another hot topic that caught Cramer's attention was the SEC purportedly dropping its lawsuit against one of the most popular cryptocurrency exchanges in the US. He shared:

"Well look we always know why that it was a parochial view that Gensler took. Uh, Tim Massad over at the CFTC didn't take that view. He said it's going to be huge overseas because they got even less faith in their currencies than we have. And it's got a lot more portability than gold. Look I'm a huge believer in it. I don't know if I'm a believer in the big buck, but I am a believer in Bitcoin because I believe the thirty-six trillion, I don't know what to do with the thirty-six trillion in debt. I haven't figured that out yet, David. I thought when you spoke to Mnuchin, you would push the fifty-year bond that you know I'm a huge believer in."

However, Cramer added that what former SEC chair Gary Gensler also "really didn't like were the bogus coins! He didn't wanna see that. . ."

The CNBC TV host also commented on AI and Elon Musk's xAI announcing its Grok 3 model Cramer thought "it [Grok 3] was okay. I think it was okay. I don't know, I caught ChatGPT hallucinating like mad yesterday. No, look, Grok 3's okay." When asked whether AI could displace a substantive portion of jobs, he shared:

"I do think that there are few employees in areas that are drone-like, but there are more employees in areas that really matter. I know Salesforce, really interesting that they're talking about, you know lack of code. But they are putting people in a much more substantive position. I think banks will do that too."

Returning to Musk's DOGE, he shared:

"Uh, okay so there's this piece in The Atlantic. 'This Is What Happens When The DOGE Guys Take Over,' I want everyone to read this piece. Because what it is, is they come in and they take over your computer and they find out what's wrong. And it is devastating. Because they're going into companies and really, and they're going into agencies, and just taking over. It's a great article. It's heavily sourced. And one of the things that's really clear about it is they're winning. They're winning. They're finding things. And they tend to be in agencies so far which are, you know, I think of like the Consumer Financial Safety Board. They're in there heavily. They tend be on to agencies that frankly many people would say, Democrat agencies. Democrat agencies."

As for DOGE rapidly firing and re-hiring people, he commented: "This thing is done so ad-hoc, uh, there is, there's almost no due process whatsoever. If you overwhelm the courts, and just make it so that they have to constantly take up these matters then, then DOGE wins. That seems to be the pattern. They can overwhelm the court system with all these different, if they just keep going after agency, after agency."

Our Methodology

To make our list of the stocks that Jim Cramer talked about, we listed down all the stocks he mentioned during CNBC’s Squawk on the Street aired on February 21st.

For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

A senior healthcare professional giving advice to a patient in a clinic.

UnitedHealth Group Incorporated (NYSE:UNH)

Number of Hedge Fund Holders In Q4 2024: 150

UnitedHealth Group Incorporated (NYSE:UNH) is the largest healthcare benefits management firm in the US. The tail end of 2024 was filled with turmoil for the firm as its shares ceded ground over the negative sentiment building against healthcare insurers in America. The negativity reached a feverish pitch in February when UnitedHealth Group Incorporated (NYSE:UNH)'s shares dropped by 7% after a media report claimed that the DOJ would investigate the firm. UnitedHealth Group Incorporated (NYSE:UNH) claims that the report is 'misinformation.' Here's Cramer's take:

"Well look, I'll go over the math of what it does to UnitedHealth. This is gonna be one of those long battles, government may win, may not, stock's down as if, all the stocks are down as if this is the government really cracking down on them. I hate to say it because I think that there are a lot of people that feel that they, uh, that Medicare billing practices, if you read the article, are wrong. Carl, these companies, they're survivors. And, uh, you buy this uh, yeah you buy it because UnitedHealth is very powerful. I've often felt that UnitedHealth is every bit as powerful as the government. Because they are, strong, sprawling, and ready to fight. And the government has historically not been able to take on this group. They haven't really taken on the middle-man either. Look I mean we have strong corporations in our country and you know UnitedHealth is not going to have to, in the end, I am telling you that I do not think this is going to be significant to their earnings. That's what I'm saying."

"Yeah look, I mean again, I come back, why do we have higher payments for Medicare Advantage. I mean this stuff is so opaque. Uh, they, these companies have had a lot of scrutiny against them. You're gonna need legislation. I don't think you're going to be able to do anything with the Justice Department. Civil fraud division by the way. You have the legislation. Then there's an issue. But when you have these lawsuits it tends not to bring about any sort of practice. Look, I'm not being cynical. I know that there are people that just say how can you not, how can you not think that this is gonna break up everything? Well, I mean, think about the history of the government. Winning against these big companies, they don't. And I am saying that, down twelve percent, you buy UnitedHealth. We'll have portfolio managers come on within the next six days, and there'll be a huge number of people who bought em. Cause well, it's been these, it's been these long lawsuits. So I'm just saying, get ahead of it right now."

Overall UNH ranks 3rd on our list of the stocks Jim Cramer recently discussed. While we acknowledge the 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 timeframe. If you are looking for an AI stock that is more promising than UNH but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

 

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