Cramer says NXP Semiconductors is a buy despite failed Qualcomm deal

Cramer says NXP Semiconductors is a buy despite failed Qualcomm deal

5 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/07/30/cramer-says-nxp-semiconductors-is-a-buy-despite-failed-qualcomm-deal.html

Qualcomm may have just ended its two-year-long mission to acquire rival chipmaker NXP Semiconductors, but that doesn't mean the latter has lost all hope, CNBC's Jim Cramer said on Monday.

"I think last week, the big washout in NXP Semis has given you a buying opportunity," the "Mad Money" host argued. "At these levels, I think this semiconductor company is pretty attractive ... even without a takeover."