Jim Cramer on Qnity: “It’s Probably the Most Undervalued of the Data Center Stocks Right Now”

Qnity Electronics, Inc. (NYSE:Q) is among the stocks Jim Cramer discussed alongside the tech market divide. A caller asked for Cramer’s thoughts on the company, especially in light of it becoming part of Apple’s American Manufacturing Program. Cramer replied:

Well, you know, I’m glad you mentioned, look, this, Qnity is just really an incredible stock, and it was a spin-off. We got a lot of it for our Charitable Trust. We’ve held on to it. I think people should really look at it. It’s probably the most undervalued of the data center stocks right now.

Stock market data. Photo by Burak The Weekender on Pexels

Qnity Electronics, Inc. (NYSE:Q) provides materials and chemical solutions used in the manufacturing of semiconductors and electronic components. Cramer mentioned the stock during the March 30 episode and said:

That’s a specialty chemical company that was spun out of DuPont late last year. When I covered the DuPont breakup last October, I told you I was very bullish on Qnity. And when DuPont broke itself up, we continued to own both stocks for the Charitable Trust. We’re now up 31% for the year for Qnity. I’m very happy to own that one for the trust.

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