"Goldman (GS) - Get Report sells at a very low multiple," said Jim Cramer on Monday's "Stop Trading!" segment on CNBC. He owns the stock for his Action Alerts PLUS charitable trust and has "no desire" to sell it. "The company's cheap on earnings, and that does matter," he said.
"just raised a lot of money" and is "getting completely smashed," as if the insurer hadn't raised that money, Cramer said. "Once they get the money, they're out of the woods, so you shouldn't be selling them!"
He said that Lincoln's "actually cheap now that they raised the money."
He said that the reason's
been "so bad" is because of Medicare Advantage, said Cramer. "I think that what Obama's really mad about is the Medical Advantage and how much it's made for these companies," he said.
"has the least Medicare Advantage of the major HMOs," he said. While he doesn't recommend shorts, he said he'd be long WellPoint and not long Humana.
At the time of publication, Cramer was long Goldman Sachs.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click
here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click
here to order his book, "Real Money: Sane Investing in an Insane World," click
here to get his second book, "You Got Screwed!" and click
here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by
TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.