Key insights
- Jim Cramer expressed a bullish sentiment on Microchip Technology (MCHP), recommending investors buy more shares. He views the company's focus on industrial internet applications as a positive driver for future growth. This endorsement from a prominent market commentator could lead to increased investor interest and potentially a short-term positive impact on MCHP's stock price and the broader semiconductor sector.
In this article
Fluence Energy: “When is Fluence going to make money? It has to make money and that’s why it’s not going higher.”
Microchip Technology: “That’s good. That’s industrial internet. I think it’s terrific. I think you should buy the other half, frankly. I think it’s a good one.”
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