Cramer Says Don't Chase ASML After $75 Jump—Wait For A Dip To Buy This 'Great' Semi Play

benzinga_article
2026.05.11 12:05
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Jim Cramer advised against chasing ASML after its $75 jump, suggesting investors wait for a dip to buy. He recommended Steel Dynamics and Bloom Energy, both of which reported strong earnings. Cramer expressed caution about Digi Power X, which recently upsized its offering, and noted Amphenol's positive earnings but recent price drop. ASML's shares rose 5% following its earnings report, while Steel Dynamics and Bloom Energy also saw slight gains. Digi Power X shares increased by 7.1%, while Amphenol shares fell by 6.3%.