Qnity (Q) "is a Very Inexpensive Stock," Says Jim Cramer

We recently published 15 Fresh Stocks Jim Cramer Discussed.  Qnity Electronics Inc. (NYSE:Q) is one of the stocks Jim Cramer discussed.

Qnity Electronics Inc. (NYSE:Q) is a recent listing due to being a DuPont spinoff. The firm provides a wide variety of chemicals that are used in semiconductor fabrication. The shares are up by 14% year-to-date. Deutsche Bank initiated coverage on the stock in November as it set a $92 share price target and a Buy rating on the shares. The financial firm pointed out that Qnity Electronics Inc. (NYSE:Q) enjoyed significant exposure to the growing materials segment. Cramer is also a fan of the firm, as in November, he commented that by owning Qnity Electronics Inc. (NYSE:Q) investors could enjoy the benefits of having exposure to semiconductor equipment firms but without getting involved in the complexities of semiconductor fabrication.

“I’ll tell you what is up, and it’s one thing you’ve going to have to be thinking about, it’s a DuPont spinoff, it’s called Qnity, letter Q. . .watch this one because it does packaging for semis, and it has been just ehhh. And when Ed Green spun it off from DuPont, he predicted this. And now this is a very inexpensive stock that people should. . .”

While we acknowledge the potential of Q as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, 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.