TERADYNE, Inc. (Nasdaq:Ter) It is one of the notable Q3 actions in which Jim Cramer focused. Cramer said it has always been a “incredibly well -managed” company. Said:
“Next, Teradyne, another technology company from the old line. This makes test and measurement teams for the semiconductor industry, among a large number of others. TERADYNE has always been an incredibly well -managed company, and has been a landing ground for some incredible executives. Actions increased 53% for the quarter.”
Stock market data. Photo by Alesia Kozik
TERADYNE, Inc. (NASDAQ: TER) supplies automated test equipment for semiconductor devices in industries such as automotive, communications, consumer electronics and computer science. The company also provides collaborative robots, mobile robotics, test instrument and wireless test solutions for manufacturing and industrial applications. During the episode of April 3, when a person who called asked about the actions, Cramer replied:
“No, not yet, no. Teradyne not yet because we are not going to buy semiconductor test equipment in this … at this time when semiconductors are delayed so much that we cannot go there.”
Since the previous comment was issued, the action has gained almost 90%.
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Disclosure: None. This article is originally published in Internal monkey.
(Tagstotranslate) Jim Cramer (T) TERADYNE (T) Inc.