Jim Cramer: NXP Semiconductors Is Headed Higher
Jim Cramer is bullish on shares of NXP Semiconductors because it could one day become the world's largest chip company.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer is bullish on NXP Semiconductors (NXPI) - Get Report shares. 'It could be the largest semiconductor,' he said, adding that the company is involved in the Internet of Things, the cloud and near field communications, which is Apple AAPL Pay, among other areas. The stock is now a holding of Cramer's charitable trust, Action Alerts PLUS.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
