Lightning Round: Buy Lam Research over ASML, says Jim Cramer

About this Video

• Video Title: Lightning Round: Buy Lam Research over ASML, says Jim Cramer
• Channel: CNBC Television
• Speakers: Jim Cramer, Margaret, Jonathan, Stanley, John
• Duration: 00:03:39

Introduction

This CNBC video features Jim Cramer's "Lightning Round," a segment where he gives brief, rapid-fire investment advice to viewers. The main focus is on semiconductor equipment companies, with Cramer recommending Lam Research over ASML Holdings and offering opinions on other stocks.

Key Takeaways

• Lam Research is favored over ASML: Cramer advises viewers to invest in Lam Research within the semiconductor equipment industry, citing ASML's recent weak performance.
• Applied Materials' recent report: Cramer mentions a recent, negatively-received report from Applied Materials, further emphasizing his recommendation for Lam Research in this sector.
• Stock splits' impact is debated: A caller asks about the impact of stock splits, and Cramer states that while theoretically they shouldn't matter, in practice they often do. He suggests buying AutoZone (AZO) over O'Reilly Automotive due to the latter's upcoming stock split.
• Agilent Technologies (A) is recommended in the test and measurement sector: Cramer recommends Agilent, stating it is always a good choice in that sector.
• Jacobs Engineering Group (JEC) is recommended: Cramer recommends buying Jacobs Engineering.