Jim Cramer Prefers Lam Research Over Applied Materials

Applied Materials, Inc. (NASDAQ:AMAT) is one of the 17 stocks that Jim Cramer commented on. Commenting on Applied Materials, Inc. (NASDAQ:AMAT) during the episode, Cramer remarked:

“Applied Materials, recommended this very morning, got a nice upgrade, but I prefer Lam Research. That’s capital equipment for semiconductors.”

A technician in a clean room assembling a semiconductor chip using a microscope.

Applied Materials, Inc. (NASDAQ:AMAT) provides equipment, software, and services used in the manufacturing of semiconductors and display technologies, supporting chip production, equipment optimization, and advanced screen fabrication for consumer electronics and related applications. In the first week of May, Cramer discussed the stock, and even at that time, he recommended another stock as he said:

“I know the company, and it’s the kind of thing, we have so many of these digital infrastructure plays. I actually just prefer if you’re going to go there, just go buy Salesforce. I’m not kidding. Go buy CRM, I would feel better that way.”

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Disclosure: None.