Jim Cramer: This Health Care Stock Is A ‘Winner’, X-Energy Is ‘Losing Too Much Money’

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said McKesson Corporation (NYSE:MCK) is a “winner” and it will go much higher. “It is exactly what you buy in this environment," he added.

Supporting his view, Leerink Partners analyst Michael Cherny maintained an Outperform rating on McKesson on Oct. 7 and raised the price target from $1,030 to $1,070.

Cramer said X-Energy, Inc. (NASDAQ:XE) is “losing too much money,” and he does not recommend companies that lose money as rates rise.

Morgan Stanley analyst David Arcaro maintained an Overweight rating on X-Energy on Wednesday and lowered the price target from $41 to $34.

When asked about Vishay Precision Group, Inc. (NYSE:VPG), he said, “I have to tell you that it’s valued too high right now. I’d wait until it came in maybe 10% and then you can buy it.”

Vishay Precision Group will release its third-quarter financial results before the opening bell on Wednesday, Nov. 4.

Cramer said he would buy Medtronic plc (NYSE:MDT) instead of MiniMed Group, Inc. (NASDAQ:MMED).

BTIG analyst Ryan Zimmerman maintained a Buy on Medtronic on Monday and lowered the price target from $100 to $99.

“You can’t own Cipher (NASDAQ:CIFR) because it is losing a ton of money,” Cramer said. It should be going down, he added.

Cipher Digital, on Wednesday, announced pricing for an $850 million convertible senior notes offering and plans to exchange existing debt for about 40.7 million shares.

Price Action

• X-Energy shares fell 8.5% to settle at $11.64 on Wednesday.
• McKesson shares gained 1.5% to close at $976.57 during the session.
• Vishay Precision fell 5.8% to settle at $63.58 on Wednesday.
• Medtronic shares gained 1.3% to close at $94.23 during the session.
• Cipher shares fell 12.4% to settle at $9.94.

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