Cardinal Health, Inc. (CAH)'s CEO Is So Good, The Recent Earnings Surprised Me, Says Jim Cramer

We recently published 10 Stocks Jim Cramer Discussed As He Questioned Official Data. Cardinal Health, Inc. (NYSE:CAH) is one of the stocks Jim Cramer recently discussed.

Cardinal Health, Inc. (NYSE:CAH) is an American healthcare company whose shares have gained 25.5% year-to-date. However, the stock would have been higher had it not been for a 7.2% dip in August. Cardinal Health, Inc. (NYSE:CAH)’s shares fell after the firm missed fourth quarter analyst revenue estimates. Cramer discussed the earnings:

“[On guidance raise] Oh my god. I wanted to holler the Hollar. The Hollar was good. I’ve had Hollar on the show many times. He’s the CEO. And holy cow, they didn’t do the number. They didn’t do the number. This man is like, same thing like a McKesson. . .except for they added a lot of high value added things. And it’s not working. That was a tremendous blow. I had that one nailed as being something that would have a good quarter. Thank heavens I didn’t put money on it for my trust. Wow. That is something. David, that is something.

“Jason Hollar has reinvented that company, and I’ve had him on and he’s, by the way, not [inaudible] does he ever miss numbers, but he’s blown away the numbers time and time again. This was not a blow away. I was very surprised.”

The CNBC TV host was quite optimistic about Cardinal Health, Inc. (NYSE:CAH) earlier. Here is what he said:

“Carl, one of the companies that has been unbelievable is Cardinal Health. They’ve been saying look we’re not just the middleman, not just the McKesson doing badly or Cencora. But this company, uniquely, Jason Hollar is making it into a very important healthcare company. And I think on June 12th, when they do the analyst conference, wow, you’re going to love it. You should love it today ahead of the analyst conference. It’s going to be unbelievable.”

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Disclosure: None. This article is originally published at Insider Monkey.