Cramer: Health care stocks are rising on hopes Biden will snag the 2020 Democratic nomination [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Cramer: Health care stocks are rising on hopes Biden will snag the 2020 Democratic nomination CNBC's Jim Cramer Joe Biden The former vice president emerged last month as the front runner to be the Democratic Party's 2020 presidential nominee, Cramer said. A veteran U.S. senator from Delaware, Biden distinguishes himself from the crowded field of hopefuls and left-leaning candidates when it comes to health care. "Unlike Bernie Sanders or Elizabeth Warren or Kamala Harris, Biden's against 'Medicare for All,'" the "Mad Money" Take UnitedHealth Group better-than-expected quarter The whole sector took a hit in mid-April after UnitedHealth CEO David Wichmann voiced concerns that a single-payer system UNH now trades for nearly $246 a share, roughly $40 shy of its all-time high, hit last December. Since April 17, the S&P 500 Health Care Sector "Overnight, it became safe to own the managed care stocks again. Don't worry, it's not too late. The political risk was most reduced," Cramer said. Poi
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