Was Jim Cramer Right About These 13 Stocks?

3. Applied Materials Inc. (NASDAQ:AMAT)

Number of Hedge Fund Holders: 80

At the time, Cramer was bullish on Applied Materials Inc. (NASDAQ:AMAT) but suggested waiting for a pullback, saying:

“Look, it’s never been the wrong time in the last couple of years because Gary Dickerson is so great at what he does. Now it’s up five, it’s at a high… I’d buy some and let it pull back. I would not buy all at once.”

Applied Materials Inc. (NASDAQ:AMAT) has fallen by 27.42% since that episode aired.

Jim Cramer remains neutral on the stock. Here are his latest comments from the 21^st of January:

“Couple of semiconductor names like Applied Materials, which make semiconductor capital equipment, and even the lowly Intel both are also roughly 12% higher thanks to the amazing quarter (of Taiwan Semiconductor)… Applied Materials rallied 4.5% last Thursday and is now up more than 8% in the three trading days since the quarter.”