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Cramer's favorite group was HCA Holdings, an operator of for-profit health care facilities whose shares operated at 54% during the year.
Calling the stock of HCA "a theft" at its current level of $ 135.50, Cramer explained the thesis underlying the investment in HCA, which operates about 300 hospitals and surgical centers located in metropolitan areas in strong growth and population.
"These are areas in which the consumer feels richer, and when people have more money in their pockets, they pay for health care," he said. "Even though I'm worried about a slowdown imposed by the Fed, employment remains very important and that's what matters to HCA." That's why the company has registered a very strong volume growth this year, the patients having undergone more expensive procedures. "
In addition, HCA has a good track record and a smart management team, not to mention a potential political wind, said Cramer.
"Just as Republicans are away to cut taxes, Democrats are the ones who spend more on health care," so that a blue wave in November could be good news for HCA, he said. declared. "Best of all, HCA is absurdly cheap, I can not believe, even after this race, [that] it is only selling 13.5 times next year 's profit estimates. The company reports in two weeks. I bet you will like what HCA has to say. "
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