Jim Cramer Says Skyworks Solutions’ CEO “Is Trying to Turn It Around”

Skyworks Solutions, Inc. (NASDAQ:SWKS) was among the stocks Jim Cramer shared his opinions on during Mad Money. A caller asked what they should do with their position in the stock. In response, Cramer said:

Oh, well, look, I think they, look, I know they got that CEO; he is trying to turn it around. Someone has to buy them. And I don’t know, it’s got a 4.75% yield while you wait for someone to buy them. That’s all I can tell you.

A technical stock market chart. Photo by Energepic from Pexels

Skyworks Solutions, Inc. (NASDAQ:SWKS) develops semiconductor components used in industries such as automotive, aerospace, defense, communications, and consumer electronics. The company’s products include amplifiers, filters, power management devices, and connectivity solutions. A caller inquired about the stock during the March 19 episode, and Cramer replied:

Alright, now the problem with Skyworks is that it’s totally cell phone. It just doesn’t have enough, it’s gotta merge with someone, frankly. Does have a 5.25% yield, but I don’t own tech for yield.

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