Jim Cramer on Rise of Electric Cars: I Like NXP Semiconductors

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer likes NXP Semiconductors (NXPI) - Get Report , as the Internet of Things space gains steam amid the rise of electric cars. On Friday, news reports said Mercedes is introducing a line of electric cars to compete with Tesla (TSLA) - Get Report . Cramer also likes Johnson Controls (JCI) - Get Report .