Jim Cramer Advises His Viewers On STMicroelectronics And Applied Materials

Jim Cramer said on CNBC's "Mad Money" that STMicroelectronics NV (ADR) STM is a good company and he likes semiconductors sector. He is a little bit concerned by the way the market traded on Tuesday and he thinks it's going to be possible to buy the stock at a lower price.

Cramer would own Applied Materials, Inc. AMAT because he likes the company very much. He expects to see a pullback in the tech space in the short term.