Jim Cramer Calls Ultra Clean Holdings “One of the Hottest Stocks in the World”

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) was among the stocks on Jim Cramer’s Mad Money radar as he taught investors how to profit from the upcoming wave of takeovers. When a caller mentioned that the stock had a “major run,” Cramer commented:

That’s one of the hottest stocks in the world. And as long as the data center stays hot, that stock is going to continue to make money. But it is expensive. Here’s what I would do: I would take a quarter of it off, get some of that cost basis out, and then let the rest run for another 15%.

Stock market data. Photo by Burak The Weekender on Pexels

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) supplies gas delivery systems, mechatronic assemblies, and specialized chamber parts cleaning services for advanced manufacturing tools. The company provides outsourced engineering, production, and contamination analysis primarily for the semiconductor industry, as well as the medical and energy sectors. Rewey Asset Management stated the following regarding Ultra Clean Holdings, Inc. (NASDAQ:UCTT) in its Q1 2026 investor letter:

Ultra Clean Holdings, Inc. (NASDAQ:UCTT), highlighted in our 3Q25 letter, was our top performer in 1Q26, delivering a 141.5% return. The stock surged on strong quarterly results and a sharp inflection in the outlook for semi-conductor capital spending. Memory chips are now in short supply, as it has become apparent that artificial intelligence will be a massive consumer of memory. In response, major chipmakers have announced significant increases in capex, and we believe this upcycle is still in its early stages.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

Disclosure: None. Follow Insider Monkey on Google News.