Jim Cramer Gives His Opinion On Advanced Micro Devices, IBM And Acacia

On CNBC's Mad Money, JIm Cramer said that business is quite good at Advanced Micro Devices, Inc. AMD. He explained that the company did a very big equity offering and after an initial decline to $6, it soon recovered to $7.29.

International Business Machines Corp. IBM is in the process of transferring to cloud, but it's going to be useless if the company doesn't start to grow revenues. Cramer added that he believes it can grow revenues and when it happens the stock is going to trade substantially higher.

Cramer thinks that Acacia Communications, Inc. ACIA needs some time to settle down after a recent volatile period. He expects it to trade higher after that.