Jim Cramer on Agilent: "The Thing's Just Caught Fire"

Agilent Technologies, Inc. (NYSE:A) is one of the stocks Jim Cramer recently discussed. Cramer discussed the company’s performance over the longer term, as he commented:

“Last week, just before Thanksgiving, I got the chance to speak with Agilent Technologies. That’s an arms dealer to the life sciences industry. A long time ago, this stock, known as letter A for its stock symbol, was a great growth vehicle. In the decade before COVID, Agilent’s chart was just a thing of beauty. Then, when the pandemic got rolling, the stock roared even higher, and ever since the pandemic receded, things got choppy for this one but also for the entire industry. The life sciences companies had all the equipment they needed, so the whole group spent years in the dog house.

Lately, though, the thing’s just caught fire. Agilent’s now up more than 55% from its April lows. And that interview with CEO Padraig McDonnell on our show was very encouraging. The company had just reported a very solid quarter last Monday night with a 7% organic growth, and he made me feel like the business is really turning around. Now, some of that’s company-specific, but some of it’s industry-wide. McDonnell explained that they’re seeing a big push for reshoring in life sciences manufacturing… federal initiative, along with the rise of novel types of medicine that require more hardware to produce. At the same time, the Trump FDA turns out to be a lot less disruptive than many on Wall Street expected, even with RFK Jr. at the helm at Health and Human Services.”

Agilent Technologies, Inc. (NYSE:A) provides instruments, software, and services for life sciences, diagnostics, and chemical analysis, including chromatography, spectroscopy, genomics, and laboratory automation solutions.

While we acknowledge the potential of A as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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.