Why Jim Cramer Prefers These 2 Semiconductor Stocks - Edwards Lifesciences (NYSE:EW), Indie Semiconductor

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

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

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

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

Check out our premarket coverage here .

EWEdwards Lifesciences Corp

$82.00-0.47%

Overview

INDIIndie Semiconductor Inc

$3.91-%

MGAMagna International Inc

$59.59-%

NXPINXP Semiconductors NV

$291.68-%

ONON Semiconductor Corp

$108.69-0.68%

SOFISoFi Technologies Inc

$15.67-0.25%

TENTsakos Energy Navigation Ltd

$43.300.91%

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