This column was originally published on RealMoney on March 29 at 11:14 a.m. EST. It's being republished as a bonus for TheStreet.com readers.

It was a bear raid, plain and simple. I am talking about the endless attempts to get

UnitedHealth Group

(UNH) - Get Report

down, which was an unmitigated smear campaign to break the stock.

Here are the facts: Business is great. That's right, it is great. Balance sheet, rock-solid. Acquisitions on track. Medicare Part D kicking in nicely.

More important, the company went out of its way in its 8-K to say it won't make an acquisition. There was chatter among the bears that

Humana

(HUM) - Get Report

would be bought immediately by UnitedHealth. It was all hogwash.

I know this stock has been the ultimate house of pain. But can we just understand that this is a company growing at 16% with a 19 multiple? That makes it absolutely the cheapest big-cap stock I follow.

Given Doc McGuire's unbelievable track record and given the consistency of this company, I can say brazenly that this is the cheapest big-cap stock in the book. To abandon it because it has been painful is just foolhardy.

Now, if I only I weren't restricted from trading it for

Action Alerts PLUS, and could buy some.

At the time of publication, Cramer was long UnitedHealth Group.

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