Jim Cramer on SiTime: “It’s Going to Have a Big Earnings Turn”

SiTime Corporation (NASDAQ:SITM) is one of the stocks Jim Cramer answered questions about recently. A caller asked if the stock is a buy, sell, or hold during the lightning round, and Cramer stated:

“You know, this is just a very good company, and it’s going to have a big earnings, it’s going to have a big earnings turn. It’s just, now is it cats and dogs? It’s all the stuff that goes into just the regular mobile phones, which I think are making a comeback. Okay, I know I’m alone on that, but maybe I should say you’re with me.”

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A stock market graph. Photo by Alesia Kozik on Pexels

SiTime Corporation (NASDAQ:SITM) designs and manufactures silicon-based timing solutions, including resonators, clock ICs, and oscillators. The company serves industries such as communications, data centers, automotive, IoT, and aerospace. Cramer asked investors to hold the stock in October 2024, as he said, “Just hold it…Let’s hold on to it, it’s a good story.” Since the comment was aired back in 2024, the stock has gained over 37%.

While we acknowledge the risk and potential of SITM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SITM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.