Qnity Electronics (Q) is Exactly What You Want in This Market, Says Jim Cramer

We recently published Jim Cramer Discussed These 25 Stocks In An Important Show About AI Spending. Qnity Electronics, Inc. (NYSE:Q) is one of the stocks Jim Cramer recently discussed.

DuPont spinoff Qnity Electronics, Inc. (NYSE:Q) has been a frequent subject of Cramer’s attention despite having IPO’d earlier this month. Last month, he called the firm “the more exciting part of DuPont’s business” due to its exposure to the semiconductor industry. Qnity Electronics, Inc. (NYSE:Q) provides packaging solutions to the semiconductor industry. In chip manufacturing, packaging is one of the final parts of the process, as it involves manufacturers assembling the cut chip die with components such as memory for end-use cases. The CNBC TV host also discussed Qnity Electronics, Inc. (NYSE:Q) on the day of its IPO and commented that “this thing is the greatest thing.” In this appearance, he asserted that the stock is the right play for the current market environment, given its exposure to semiconductors:

electronics-6055226_1280

“I just think it’s a great company. . .this is packaging for semiconductors. That’s exactly what you want. In this market. It’s like owning Cadence but without all the stuff that you can’t understand.”

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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