Jim Cramer Nailed These 11 Stock Predictions

Page 2 of 11

10. KLA Corporation (NASDAQ:KLAC)

Number of Hedge Fund Holders: 61

A caller reported that their position in KLA Corporation (NASDAQ:KLAC) had nearly tripled and asked for guidance on profit-taking. Cramer advised a classic approach back then:

“It’s tripled — I want you to take out half. Let the rest run, then you’ll be in great shape. Can’t lose your money and I think that’ll be perfect.”

Good, measured call by Cramer as the stock has been flat since, rising only by +2.87%.

KLA Corporation (NASDAQ:KLAC) is a semiconductor equipment company specializing in process control and yield management systems used in advanced chip manufacturing.

Cramer thinks there’s more downside to stocks like Lam and KLA. Here’s what he said on February 25:

“I had Lam on and I had KLA on, and they’ve already taken the big hit. They could take another hit.”

Page 2 of 11