Cardinal Health (CAH) "Is Now Value-Added," Says Jim Cramer

We recently published 10 Stocks on Jim Cramer’s Radar. Cardinal Health, Inc. (NYSE:CAH) is one of the stocks Jim Cramer recently discussed.

In a show where Cramer spent most of the time discussing Meta and cloud computing, healthcare products and services provider Cardinal Health, Inc. (NYSE:CAH) was a nice shift. Even though the CNBC TV host last mentioned the firm in August, he hasn’t changed his mind about it. He continues to have faith in CEO Jason Hollar and discussed how Cardinal Health, Inc. (NYSE:CAH) had transformed itself from being a simple healthcare middleman to a firm that now adds value:

“But what’s going up the most, let’s just go there for a second. It’s Cardinal Health. This is a company that was a, really just a plain vanilla middleman, that is now value-added. I like that. Because Jason Hollar said over and over again, Jason Hollar, said over and over again on Mad Money, Jim we are not like the other guys. Boom. He’s not. Congratulations Jason Hollar.”

Here is what Cramer said about Cardinal Health, Inc. (NYSE:CAH) on August 11th:

“[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.”

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