Jim Cramer breaks down what the 2020 election could mean for UnitedHealth Group.
The stock has since mustered back above $237 sinceand raising its 2019 earnings forecast nearly two weeks ago.
"Honestly, if UNH pulls back to post-earnings low, though, around $208, you know what, I'd say start buying. And then 10 percent below, I bet it bottoms. I think that's gonna turn out to be a fantastic investment," Cramer said. "Unless you believe Elizabeth Warren or Bernie Sanders will win the nomination and then take the White House ... I'm betting the managed care stocks will end up doing just fine.
Ahead of Monday's close, the stock had run up nearly 10% in April. Cramer called it a "horrendous set up."A journalist uses his mobile phone to take a picture of the 5G logo prior to the auction of spectrum for 5G services at the Bundesnetzagentur headquarters in Mainz, Germany, March 19, 2019.Cramer took another look at the best stocks to play the years-long global rollout of the next generation of wireless technology.
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