Jim Cramer Calls Medline the “Best IPO of the Year”
Syeda Seirut Javed
1 min read
Medline Inc. (NASDAQ:MDLN) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday's market rotation. A caller asked if they should buy the stock, and Cramer replied, "I like that. Yes, yes. That is probably the best IPO of the year."
A stock market data. Photo by AlphaTradeZone on Pexels
Medline Inc. (NASDAQ:MDLN) supplies medical and surgical products for hospitals, surgery centers, and other healthcare facilities. During the January 16 episode, a caller asked about the stock and mentioned that they started their position at $39. The Mad Money host said:
I'm going to tell you about Medline. That stock is unbelievable. I think it is a [buy, buy, buy, buy, buy, buy, buy, buy, buy]. That's nine buys, just for the record.
While we acknowledge the potential of MDLN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years
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