Jim Cramer recently discussed Qnity Electronics Inc. (NYSE:Q) among 15 stocks. Qnity is a DuPont spinoff that provides chemicals used in semiconductor fabrication.
The stock has risen 14% year-to-date. In November, Deutsche Bank initiated coverage with a $92 share price target and a Buy rating. The bank noted Qnity's significant exposure to the growing materials segment.
Cramer commented in November that by owning Qnity, investors could gain exposure to semiconductor equipment firms without dealing with the complexities of semiconductor fabrication.
"I'll tell you what is up, and it's one thing you've going to have to be thinking about, it's a DuPont spinoff, it's called Qnity, letter Q. . .watch this one because it does packaging for semis, and it has been just ehhh. And when Ed Green spun it off from DuPont, he predicted this. And now this is a very inexpensive stock that people should. . ." Cramer said.