Jim Cramer Says Applied Materials Is a “Great Long-Term Performer”

Applied Materials, Inc. (NASDAQ:AMAT) is one of the stocks Jim Cramer was bullish on due to share buyback activity. During the episode, Cramer said it is one of his “old favorites.” He said:

“That’s why I went through that list of 51 companies to pick out 10 that are worth recommending to you. Now, first up is one of my old favorites is Applied Materials. It’s a semiconductor capital equipment maker, which has reduced its share count by 31% since the end of 2015. Now, this stock had a strong year. It’s up over 50% for 2025 because we have insatiable demand for all sorts of semiconductors, especially, you know, believe it or not, the commodity ones, which means there’s equally big demand for the machines that make semiconductors. But Applied Materials, AMAT, is also a great long-term performer. It is up 1,200% since the end of 2015, versus 229% for the S&P 500. Now, some of that’s the strength of the core business, and some of it’s the voracious buyback. By the way, it is a terrific example of the kind of stock I suggest you buy in my new book, How to Make Money in Any Market. This is the essence of what I’m trying to get across to you.”

Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels

Applied Materials, Inc. (NASDAQ:AMAT) provides equipment, software, and services that help manufacturers produce semiconductors and other electronic devices.

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