Cramer's 'Stop Trading!': Boston Scientific
On Tuesday's "Stop Trading!" segment on CNBC, Jim Cramer said that people are going to be able to start recognizing the "bargains" in health care stocks that aren't going to be "under the scrutiny of the federal government."
He said Boston Scientific(BSX Quote) won't "be crimped by anything that Obama's talking about." Plus, it came out with a "terrific bit of good news today." He said that what Obama's really talking about is Medicare Advantage. "America hates the HMOs," he said. "The president is one of us on this issue, and I think he recognizes that people feel ripped off." "The only one I like in this group is WellPoint(WLP Quote)," Cramer said, "because that is the one that is least feeding in the trough." Cramer turned to Office Depot(ODP Quote), which has received a $350 million investment from a private equity firm. "Last year, these guys looked like they were on the ropes," said Cramer. Now, he says, Staples(SPLS Quote) investors have "lost one of the key reasons" to buy the Office Depot competitor. "The competition's going away," he said.- Loading Comments...
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