Jim Cramer Urges to “Buy NXPI”

NXP Semiconductors N.V. (NASDAQ:NXPI) is one of the stocks in Jim Cramer’s spotlight. A caller asked for Cramer’s opinion of the company, and he replied:

“Oh my god. So you know… we got a Texas Instruments upgrade early today. We got an Analog Devices upgrade earlier this week. NXPI is the last of the Internet of Things semiconductor company, with a lot of auto, and auto looks good to me. I think you buy NXPI on Monday morning. I do not kid you, Monday morning, we’re going to take a shot at that one.”

Jim Cramer Urges to "Buy NXPI"

A close-up of a semiconductor component, highlighting its complex design.

NXP Semiconductors (NASDAQ:NXPI) designs and sells a broad range of semiconductor products used in automotive, industrial, IoT, mobile, and communication applications. The company’s products include processors, wireless solutions, sensors, security controllers, and analog devices.

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