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Cardinal Health, Inc. (NYSE:CAH) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday's market rotation. Cramer said that the stock deserves to "trade higher," as he commented:

Can I call your attention to what may be the best one in this group? I'm talking about Cardinal Health, which, along with McKesson and Cencora, deserves to trade higher. Great quarter at Cardinal Health. It was obscured by a rotation out of healthcare. Oh, we own this one for the Trust. It's been a real stalwart, and I don't think it's done.

Photo by Adam Nowakowski on Unsplash

Cardinal Health, Inc. (NYSE:CAH) supplies branded, generic, and specialty medicines and provides pharmacy and specialty drug services. The company also makes and distributes medical and surgical products and procedure kits. Cramer mentioned the stock during the April 30 episode and remarked:

Cardinal Health, a company that had repeatedly come on Mad Money telling a terrific story, just imploded. Did I tell people to buy it? Well, it's in my Trust. Ouch. Gotta put that one behind, but only after further investigation.

While we acknowledge the potential of CAH 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.

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