Jim Cramer Says Sell Super Micro — Calls A European Chipmaker 'Cheap And Good'

-0.97%

-0.59%

+3.53%

+2.01%

+1.73%

Alkermes Public Limited Company ALKS	31.69	-0.97%
Huntington Bancshares Incorporated HBAN	17.75	-0.59%
Medline, Inc. Class A MDLN	49.28	+3.53%
UiPath, Inc. Class A PATH	11.44	+2.01%
Super Micro Computer, Inc. SMCI	32.72	+1.73%

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended selling Super Micro Computer, Inc. (NASDAQ:SMCI), adding he doesn't need that.

Supporting his view, Goldman Sachs analyst Katherine Murphy assumed coverage of Super Micro Computer on Jan. 13, assigning a Sell rating and setting a price target of $26.

Cramer said he doesn't recommend Alkermes plc (NASDAQ:ALKS).

As per the recent news, Alixorexton, on Jan. 6, was granted Breakthrough Therapy designation by the FDA for the treatment of Narcolepsy Type 1.

When asked about UiPath, Inc. (NYSE:PATH), he said, “I think the upside is what beckons there.”

Barclays analyst Raimo Lenschow, on Jan. 12, maintained UiPath with an Equal-Weight rating and raised the price target from $16 to $18.

Huntington Bancshares Incorporated (NASDAQ:HBAN) is “terrific,” Cramer said. “They always come through.”

According to recent news, Huntington Bancshares and Cadence Bank shareholders approved their pending merger on Jan. 6.

Smith & Nephew plc (NYSE:SNN) has to be sold, Cramer said.

Canaccord Genuity analyst Caitlin Cronin, on Nov. 11, maintained Smith & Nephew with a Hold and lowered the price target from $36 to $34.

The Mad Money host said Medline Inc. (NASDAQ:MDLN) is a buy. “That stock is unbelievable,” he added.

Lending support to his choice, multiple analysts initiated coverage of the stock on Jan. 12 with bullish ratings.

Cramer recommended buying STMicroelectronics N.V. (NYSE:STM). “It's cheap, it's good,” he added.

On the earnings front, STMicroelectronics is scheduled to release its fourth quarter and full year 2025 earnings before the markets open on the European Stock Exchanges on Thursday, Jan. 29.

Price Action:

Super Micro Computer shares jumped 11.1% to settle at $32.66 on Friday.
Alkermes shares rose 1.3% to close at $31.63 during the session.
Huntington Bancshares shares gained 0.4% to close at $18.02.
UiPath shares dipped 3% to settle at $14.34 on Friday.
Smith & Nephew shares fell 0.6% to close at $32.70.
Medline shares gained 3.3% to close at $44.12 on Friday.
STMicroelectronics shares gained 0.1% to settle at $28.03.

Image created using photos from Shutterstock.

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