Jim Cramer Says Applied Materials Is Cheap, But Own Lam Research
Jim Cramer said that while shares of Applied Materials may be inexpensive, investors should buy Lam Research instead.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said that while shares of Applied Materials (AMAT) - Get Report may be inexpensive, investors looking to own the semiconductor sector should buy Lam Research (LRCX) - Get Report instead. Cramer said, 'I think that anyone who deviates from Lam Research is going to end up not being in the one that has the hot machine.'
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
