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Jim Cramer on Applied Materials: “It’s Not a Good Buy, It’s a Great Buy”
Jim Cramer enthusiastically endorsed Applied Materials (NASDAQ: AMAT), calling it a “great buy” due to its crucial role in alleviating semiconductor shortages and its strong intellectual property. He ranked AMAT among top semiconductor capital equipment makers, emphasizing their importance, especially given memory shortages. However, the article notes that overall success for these companies might depend on the end of geopolitical conflicts.