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Jim Cramer Weighs In On Himax Technologies And Ferrari

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Jim Cramer said on CNBC's "Mad Money" that Himax Technologies, Inc. (ADR) (NASDAQ: HIMX) sells at incredibly high price-to-earnings ratio in a market that doesn't tolerate that. It's a very highly valued stock and if it misses the numbers, it's going to get crushed.

Cramer recommended Ferrari N.V. (NYSE: RACE) as a buy when it was trading at $60. He thinks it's a great company and it's in a great situation.

 

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Posted-In: CNBC Mad Money Jim CramerMedia