Jim Cramer Likes This Tech Stock: 'Terrific Business, Niche Business'

Supporting his view, JPMorgan analyst Samik Chatterjee, on Dec. 16, upgraded Keysight from Neutral to Overweight and announced a $200 price target.

Shares Views On These Health Care Names

Cramer recommended to wait for ADMA Biologics, Inc. (NASDAQ:ADMA) to come down before pulling the trigger. “I don't have a catalyst,” he noted.

The company's stock has jumped more than 206% over the past year.

“I just think that they should be making money,” Cramer said when asked about NovoCure Limited (NASDAQ:NVCR). “Let's see some money made by Novocure and then we can get behind it.”

Novocure, meanwhile, on Jan. 13, reported preliminary net revenues for FY2024 of $605.2 million and preliminary net revenues of $161.3 million for the fourth quarter.

Other Stocks In Focus

When asked about Lockheed Martin Corporation (NYSE:LMT), he said, “I do not want to get in the way of the Palantir buzz saw because that's very close to Elon Musk.”

Lockheed Martin, meanwhile, on Jan. 28, reported mixed fourth-quarter 2024 results. The company reported a net sales decline of 1.3% year-over-year to $18.622 billion, missing the consensus of $18.91 billion. LMT reported Adjusted EPS of $7.67, beating the consensus of $6.64.

Price Action:

  • Lockheed Martin shares fell 0.7% to settle at $454.36 on Wednesday.
  • ADMA Biologics shares gained 1.3% to close at $16.38 during the session.
  • Novocure shares fell 0.2% to settle at $25.52 on Wednesday.
  • Keysight shares rose 0.2% to settle at $168.33 on Wednesday.

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