Jim Cramer on Elanco Animal Health: "They Are Doing Everything Right"

Elanco Animal Health Incorporated (NYSE:ELAN) is one of the stocks Jim Cramer shed light on. Answering a caller’s query about the stock, Cramer said:

“They are doing everything right. I am so impressed with the way they’ve turned that company around. I’m glad you brought it out. That was a real good idea.”

Elanco Animal Health Incorporated (NYSE:ELAN) sells products to protect and treat pets and farm animals, including parasiticides, vaccines, therapeutics, and medicated feed additives. Cramer commented on the stock during the January 21 episode, as he remarked:

“Not my favorite. I do think that the pet… Look, I like Chewy. I know that’s a pedestrian way to look at things, but I think that Chewy is the better bet for this group.”

Since the above comment was aired, Elanco Animal Health Incorporated’s (NYSE:ELAN) stock has gained over 83%.

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