Jim Cramer Calls Medline the “Best IPO of the Year”
Syeda Seirut Javed
1 min read
Medline Inc. (NASDAQ:MDLN) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday's market rotation. A caller asked if they should buy the stock, and Cramer replied, "I like that. Yes, yes. That is probably the best IPO of the year."
A stock market data. Photo by AlphaTradeZone on Pexels
Medline Inc. (NASDAQ:MDLN) supplies medical and surgical products for hospitals, surgery centers, and other healthcare facilities. During the January 16 episode, a caller asked about the stock and mentioned that they started their position at $39. The Mad Money host said:
I'm going to tell you about Medline. That stock is unbelievable. I think it is a [buy, buy, buy, buy, buy, buy, buy, buy, buy]. That's nine buys, just for the record.
While we acknowledge the potential of MDLN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years
Disclosure: None. Follow Insider Monkey on Google News.
Comments 0
Leave a Reply
Your email address will not be published. Required fields are marked *
Business & Finance
Explore AllWhats New
View All
‘The Vampire Lestat’ Costume Designer Breaks Down Lestat’s Rockstar Wardrobe and the Season’s Hidden Easter Eggs
‘House of the Dragon’ Star Steve Toussaint Teases Consequences of Corlys’ ‘Very Dangerous’ Request of Rhaenyra
From 'a beautiful night' to 'world's greatest hangover', guests react to Taylor and Travis's wedding
Neymar quits international football after Brazil’s World Cup knockout loss
Belgium ‘astonished’ at FIFA’s U-turn on Balogun red card for USA match
McDonald's and Burger King rival shuttering 100s of restaurants
Marine Le Pen appeal verdict: Why this moment matters for France
Dow Jones Futures: Techs Jump With Apple, SpaceX, Sandisk, Robinhood In Focus