Jim Cramer on SiTime: "It's Going to Have a Big Earnings Turn"

SiTime Corporation (NASDAQ:SITM) is one of the stocks Jim Cramer answered questions about recently. A caller asked if the stock is a buy, sell, or hold during the lightning round, and Cramer stated:

“You know, this is just a very good company, and it’s going to have a big earnings, it’s going to have a big earnings turn. It’s just, now is it cats and dogs? It’s all the stuff that goes into just the regular mobile phones, which I think are making a comeback. Okay, I know I’m alone on that, but maybe I should say you’re with me.”

SiTime Corporation (NASDAQ:SITM) designs and manufactures silicon-based timing solutions, including resonators, clock ICs, and oscillators. The company serves industries such as communications, data centers, automotive, IoT, and aerospace. Cramer asked investors to hold the stock in October 2024, as he said, “Just hold it…Let’s hold on to it, it’s a good story.” Since the comment was aired back in 2024, the stock has gained over 37%.

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