LRCX is currently trading up about 0.6% midday Tuesday.
The chip manufacturing giant's outlook fits with reports of iPhone 7 order cuts, and points to a conservative stance on future iPhone 8 orders.
Skyworks Solutions might've been downgraded but Cramer continues to like other semiconductor stocks.
NVIDIA, NXP Semi and Applied Materials could all continue their big runs this year.
Jim Cramer ponders how it's OK again to like stocks (count your blessings), and points out that with Icahn advising Trump, banks are the way to bet.