On Monday's "Mad Money" TV show, Jim Cramer recommended Siliconware Precision (SPIL Quote) as a speculative play and a follow-up to his recommendations of Taiwan Semiconductor (TSM Quote) and Xilinx (XLNX Quote).
Cramer said Siliconware, whose customers include Intel(INTC Quote) and Nvidia(NVDA Quote), might be worth speculating on due to increased demand that's pushed up sales by 28% in spite of a production decline in March. He also liked its 8.5% dividend yield.
On Tuesday, Siliconware closed up 7 cents, or 1.1%, at $6.40.
Cramer said that Goldman Sachs(GS Quote), which has no mortgages on its books, and JPMorgan(JPM Quote) stand to win big from recent changes to the mark-to-market accounting rules. Other banks, including U.S. Bancorp(symbol Quote) and PNC(PNC Quote), were on Cramer's sell list. ...
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