Jim Cramer Wants To Buy Solstice Advanced Materials, Inc. (SOLS)

We recently published Jim Cramer Insisted Recent AI Chip Selloff Wasn’t A Bottom & Discussed These 17 Stocks. Solstice Advanced Materials, Inc. (NASDAQ:SOLS) is one of the stocks discussed by Jim Cramer.

Specialty chemicals and advanced materials firm Solstice Advanced Materials, Inc. (NASDAQ:SOLS)’s shares are up by 26% since their IPO in October. However, the past month hasn’t been kind to the stock as it is down by 24%. The stock has lost 23.9% since July 2nd. On the 6th, Solstice Advanced Materials, Inc. (NASDAQ:SOLS) announced that it would acquire Elemen Solutions for a $14.5 billion price tag in order to gain exposure to the AI supply chain. While the stock might not have reacted well, Cramer is optimistic about the deal as he commented in his morning appearance:

“The deal is accretive, immediately. The deal moves Solstice into a higher multiple area, which is in semiconductor chips. Qnity, Elements Solutions are the two main companies. David, Solstice also has a sold out to 2030 nuclear fuel business. I happen to think Solstice is a very good win after this. . .I wanna buy Solstice on this.”

Jim Cramer Wants To Buy Solstice Advanced Materials, Inc. (SOLS)

Pixabay/Public Domain

Jim Cramer Wants To Buy Solstice Advanced Materials, Inc. (SOLS)

Pixabay/Public Domain

Earlier, he also tweeted:

“Solstice to merge with Elemental Solutions? FT says it could happen. This would create a chemical tech powerhouse. Really smart deal. Both could go higher”

While we acknowledge the risk and potential of SOLS 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 SOLS and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

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