Cramer: Health care stocks are rising on hopes Biden will snag the 2020 Democratic nomination

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'Unlike Bernie Sanders or Elizabeth Warren or Kamala Harris, Biden's against 'Medicare for All,'' the 'Mad Money' host says.

Centene has been among the biggest winners of the Affordable Care Act, also known as Obamacare, that was signed into law by President Barack Obama in 2010, Cramer said. Biden served as vice president under that administration, hinting at continuity of policy should he claim the nomination and the White House.and its acquisition of Aetna. The stock sports a 3.77% yield and is the cheapest name in the group, selling at 7-times 2019 earnings, Cramer said.

"It's not too late to invest in these stocks because Trump keeps giving us more reasons to bail on companies with exposure to China and circle the wagons around the pure domestics," Cramer said. "I think you should use any weakness to do some [buying] 'cause this is now the group to own."

 

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It’s his to lose. Remember Joe, loose lips sink ships.

Collusion if true. How could anyone actually know the true reason/cause?

Should read more like “healthcare stocks are rising on hopes Biden will snag the primarie and not the other dems”.

Because single payer rationed care is so good for the healthcare industry?

Sure they are....

MAGA

Lol , then they're wasting their time and money . Lol

Stocks rise when companies make money. So Dems will make pharma and health care companies richer when costs are already out of control?

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