Jim Cramer Comments On PMCS, CSCO, VRTX, GILD, PAL
CNBC Mad Money's Jim Cramer said in the segment of his show called Lightning Round OT that he believes PMC-Sierra, Inc. (NASDAQ: PMCS) is making a comeback. He added that products that PMCS makes are used by Cisco Systems, Inc. (NASDAQ: CSCO), and investors should buy CSCO too. Cisco Systems, Inc. (CSCO) gained 0.85% today and PMCS added 1.72%.
Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) is a good stock, but if you want the exposure in the biopharmaceutical sector you should go with Gilead Sciences, Inc. (NASDAQ: GILD), thinks Cramer. Vertex (VRTX) added 0.32%, while Gilead Sciences (GILD) gained 0.06% today.
Jim Cramer sees North American Palladium Ltd. (AMEX: PAL) as a speculative play. His opinion is based on the fact that he doesn't have enough information about this company. North American Palladium Ltd. (PAL) jumped 1.69% today and closed at $4.21.
