Lower Interest Rates Ahead? Jim Cramer on the Macro Setup, Alphabet, and 27 More Stocks

14. Qnity Electronics, Inc. (NYSE:Q)

Qnity Electronics, Inc. (NYSE:Q) was among the stocks Jim Cramer discussed as he said that the Iran peace negotiations could trigger an oil glut, cool inflation, and pull interest rates down. Cramer highlighted the sharp rise in the company’s stock price, as he commented:

I don’t think people understand the scale or scope of the semiconductor shortage. Thanks to the rise of the data center, we don’t have enough chips or anything that goes into making a chip. And it’s likely to stay that way, maybe even for years, which brings me to Qnity, the highly successful DuPont spinoff that makes specialty materials for semiconductors and advanced electronics. Now, we own this one for the Charitable Trust. It’s already more than doubled year to date, including huge gains just this week.

Qnity’s basically a bet on the future of chip-making. You see, for most of my lifetime, the semiconductor industry was focused almost entirely on making transistors smaller and smaller. The data center has changed all that. We don’t need small chips; we need chips with better packaging, better heat management, and that are easier to manufacture. And that’s where Qnity comes in, and it’s why the company could report such a spectacular beat and raise quarter a month ago.

Qnity Electronics, Inc. (NYSE:Q) provides materials and chemical solutions used in the manufacturing of semiconductors and electronic components.