topstockalerts
Oct 9, 1:54 AM
Jim Cramer urged investors to move on from Flagstar Bank, warning that a powerful industry trend could create further pressure for the lender. During CNBC’s “Mad Money” Lightning Round.
On semiconductor equipment stocks, Cramer praised Kulicke and Soffa as a strong company but said Lam Research remains his top pick in the sector, followed by Applied Materials in second place. His preference highlights his continued confidence in these established semiconductor equipment providers.
Cramer also commented on STMicroelectronics, describing the company positively but favoring Intel as a buying opportunity. He recommended purchasing Intel at around
$107, signaling optimism about the chipmaker’s potential at that price level. His remarks come amid continued investor focus on semiconductor stocks and the broader industry’s growth prospects.
$KLIC $LRCX $AMAT $INTC
