Jim Cramer's Stop Trading: Don't Sell MobilEye

 NEW YORK (TheStreet) -- When analysts initiate coverage on a new stock, Jim Cramer gets interested.

On CNBC's "Cramer's Stop Trading" segment Tuesday, Cramer, co-manager of the Action Alerts PLUS portfolio, looked at  MobilEye (MBLY) , the Israeli company that recently went public in the U.S. A number of analysts began covering the stock today including Raymond James and Deutsche Bank.

Cramer said the company, which is in the best position to profit if driverless cars become a reality, is "very powerful" and he praised its collision avoidance technology for automobiles. 

What a great combination would be created if Harman International (HAR) , the U.S. audio and infotainment company, and MobilEye were "to get together," Cramer said.

That's why his advice is, "Don't sell MobilEye. I think it goes higher."


-- Written by Bret Kenwell in Petoskey, Mich.

Follow @BretKenwell

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

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