Jim Cramer Calls Photronics’ Recent Quarter “Very Disappointing”

Photronics, Inc. (NASDAQ:PLAB) was among the stocks Jim Cramer highlighted on Mad Money as he noted that the market has an appetite for stocks. Starting the lightning round, when a caller inquired about the stock, Cramer said:

They missed the quarter… They missed the quarter really badly. So what do we do when we have something like that? We put it in the penalty box until we see the next quarter because we just can’t believe that there was just one. It was very disappointing.

Photronics, Inc. (NASDAQ:PLAB) manufactures and sells photomasks, as well as electrical and optical components used to transfer circuit patterns onto semiconductor wafers and flat-panel displays.

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