Reported 1 day ago
In a recent episode of Mad Money, Jim Cramer expressed caution regarding drug distribution stocks, although he recommended buying Cardinal Health (CAH) due to its strong performance and 'value-added services.' Cramer noted the stock's recent success, including significant earnings growth and a surge to its all-time high. However, he highlighted concerns about potential regulatory changes impacting profit margins in the sector, making him wary of investing in drug distributors amid a politically contentious climate.
Source: YAHOO