Jim Cramer Says Applied Materials’ China Orders Were ‘Fantastic’
Jim Cramer says Applied Materials 'is back' on the heels of strong China orders, but investors shouldn't chase the stock.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says Applied Materials (AMAT) - Get Report 'is back' on the heels of strong China orders, but investors shouldn't chase the stock. The semiconductor company posted a $320 million profit for its most recent quarter, compared to $364 million during the same quarter last year, but orders hit their highest level in 15 years. Cramer is also fond of NXP Semiconductors (NXPI) - Get Report .
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.









