Jim Cramer Says Sell Super Micro — Calls A European Chipmaker 'Cheap And Good'
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Jim Cramer advised selling Super Micro Computer Inc. and Smith & Nephew plc, while recommending buying Medline Inc. and STMicroelectronics N.V. He does not recommend Alkermes plc. Cramer praised Huntington Bancshares as 'terrific.' Goldman Sachs assigned a Sell rating to Super Micro with a price target of $26. STMicroelectronics is considered 'cheap and good' ahead of its earnings report on January 29. Recent stock movements include Super Micro shares rising 11.1% to $32.66 and Medline shares gaining 3.3% to $44.12.
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