Cramer's lightning round: KLA Corporation is 'a great company'
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
TL;DR
- Jim Cramer analyzes caller stock questions in a lightning round.
- For Applied Materials, he suggests initiating a position and buying more if the stock drops 10%.
- He advises waiting for Velo3D to demonstrate stronger revenue growth before investing.
- KLA Corporation is deemed a great company, but its high P/E multiple and the volatility of semiconductor capital equipment stocks warrant caution.
- Cramer is hesitant on General Dynamics due to potential military budget cuts, preferring Lockheed Martin in that sector.