Jim Cramer on InterDigital: “I Like It a Lot”

InterDigital, Inc. (NASDAQ:IDCC) was among Jim Cramer’s stock calls on Mad Money recently. Answering a caller’s question about the stock, Cramer said:

Well, I don’t know. I mean, it’s a telco play to be honest. I don’t regard it as much as an AI play, but yeah, it’ll work here. I like it. I like it a lot. It came down today. Yeah, I like it. It was, I haven’t heard about it in a long, long time.

Stock market data. Photo by Alesia Kozik on Pexels

InterDigital, Inc. (NASDAQ:IDCC) specializes in research and development for wireless, visual, and artificial intelligence technologies used in communications and entertainment products. The company licenses its patented innovations to manufacturers of smartphones, consumer electronics, and connected vehicles.

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