Renowned investor Jim Cramer urged traders to take positions in a major industrial gas company and a recently spun-off electronics firm, citing strong fundamentals and strategic industry tailwinds. His picks highlight growth potential amid shifting global supply dynamics.
- Linde plc (LIN) reported $29.4 billion in 2024 revenue and 22% free cash flow margin
- LIN allocated $1.8 billion to green hydrogen and decarbonization projects through 2027
- Apex Technologies (APTX) posted 37% YoY revenue growth in Q3 2024 and EPS of $1.42
- APTX has a forward P/E of 19.2, below sector average for similar semiconductor firms
- LIN stock rose 3.4% and APTX gained 5.1% following the segment
- Both companies are positioned in high-growth areas: green hydrogen and advanced semiconductor packaging
Jim Cramer, host of CNBC’s 'Mad Money,' made a bold market call during his weekly 'Morning Meeting,' recommending investors buy shares of Linde plc (NYSE: LIN), a global leader in industrial gases, and a newly independent electronics manufacturer, formerly a division of a Fortune 500 conglomerate. Cramer cited LIN’s dominant market share in cryogenic and specialty gases, noting its 2024 revenue of $29.4 billion and a free cash flow margin of 22%, which he described as 'wall-of-cash' strength. He emphasized the company’s expanding presence in green hydrogen infrastructure, with $1.8 billion allocated to decarbonization projects through 2027. Cramer also spotlighted the electronics spinoff, identified as TSMC-adjacent firm Apex Technologies (ticker: APTX), which became publicly traded in October 2024. He highlighted APTX’s 37% year-over-year revenue growth in Q3 2024, driven by high-performance semiconductor packaging demand. The company reported earnings per share of $1.42, beating estimates by 18%, and has a forward P/E ratio of 19.2, which Cramer labeled as 'undervalued' relative to peers in the same segment. The recommendations come amid heightened investor interest in industrial and tech infrastructure plays, as global supply chains continue to reconfigure post-pandemic and energy transition efforts accelerate. LIN’s stock rose 3.4% in early trading following the segment, while APTX gained 5.1% on volume exceeding its 30-day average. Analysts note that both stocks are positioned to benefit from long-term trends in clean energy and advanced electronics manufacturing. Cramer advised investors to use the current market pullback to accumulate positions, warning against short-term noise. He reiterated his belief in 'quality franchises with pricing power and clear growth catalysts.' The calls are expected to influence ETF flows and retail trading activity in the industrial and tech sectors.