10 Stocks on Jim Cramer’s Radar Recently

4. Teradyne, Inc. (NASDAQ:TER)

Number of Hedge Fund Holders: 61

A caller asked if Teradyne, Inc. (NASDAQ:TER) is a buy or beware and Cramer responded:

“No, not yet, no. Teradyne not yet because we are not going to buy semiconductor test equipment in this.… right now when the semiconductors are lagging so badly, we can’t go there.”

Teradyne (NASDAQ:TER) designs and sells automated test systems and robotics products. The company provides test solutions for semiconductor devices and provides robotics products like collaborative robotic arms and autonomous mobile robots. Parnassus Investments stated the following regarding Teradyne, Inc. (NASDAQ:TER) in its Q3 2024 investor letter:

“Teradyne, Inc. (NASDAQ:TER), a supplier of automated test equipment for semiconductors, was affected by a broad sell-off in semiconductor-related stocks. We see some “green shoots” in demand and believe Teradyne is well positioned as artificial intelligence moves to smartphones and PCs.”