Why Jim Cramer Prefers These 2 Semiconductor Stocks

On CNBC’s "Mad Money Lightning Round," Jim Cramer said SoFi Technologies, Inc. SOFI has been getting destroyed.

When asked about indie Semiconductor, Inc. INDI, he said: "The only two semis in that space that you want to own are NXP Semiconductors N.V. NXPI and ON Semiconductor Corporation ON."

Cramer recommended buying more shares of Edwards Lifesciences Corporation EW as he believes that quarter was very good.

The "Mad Money" host said he prefers Magna International Inc. MGA over Tenneco Inc. TEN.

Check out our premarket coverage here .

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!