Cramer's 'Mad Money' Follow-Up: BD, Baxter

Here's how Becton, Dickinson and Co. and Baxter International did in Monday trading.
Publish date:

Jim Cramer identified Becton, Dickinson and Co. (BDX) - Get Report and Baxter International (BAX) - Get Report as two stocks worth considering on his "Mad Money" show Friday night. Both companies traded lower Monday.

On Monday, shares of BD closed lower, down $1.81, or 2.82% to $62.34. Shares of Baxter closed lower, down $0.87, or 1.68% to $51.05.

Cramer said both companies don't make obscenely expensive drugs or devices, and aren't a target for Medicare gouging. Instead, both companies focus on basic hospital supplies -- BD gets 58% of its revenue from basic hospital supplies and Baxter derives 37% of its revenue from basic hospital supplies.

According to Cramer, the basic hospital supplies business is not only Obama resistant, but also recession resistant.

Image placeholder title

Cramer said both companies are trading at an "Obama discount," at the low end of their historical valuations and that he'd be a buyer of both names.

At the time of publication, Cramer had no positions in the stocks mentioned.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, 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

clicking here. 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