Jim Cramer reviews 10 stocks leading the S&P 500 in the second quarter
How did alternative energy stocks perform this quarter?
Alternative energy stocks had a strong performance this quarter, with top stocks including Daqo New Energy Corp1. and First Solar Inc. Daqo is a Chinese solar energy company that manufactures polysilicon for solar cells and modules, while First Solar designs and manufactures photovoltaic solar power systems and solar modules1. These stocks have matched the performance of the broader market over the past year, with the iShares Global Clean Energy ETF (ICLN) slightly underperforming the Russell 1000's 2% rise6.
What stance does Jim Cramer have on Nvidia's recent rally?
Jim Cramer acknowledges that some believe Nvidia's recent rally has gone too far, but he maintains his "own it, don't trade it" stance on the AI behemoth. He also recognizes Nvidia's strong growth prospects and its potential to become a more valuable company than Microsoft.
What role does Teradyne play in semiconductor testing?
Teradyne is a leading supplier of automated test equipment for semiconductors, offering market-leading capabilities for a wide range of chips6. The company develops testers for cutting-edge semiconductors, collaborating closely with chipmakers across the industry, including strong relationships with Apple and Taiwan Semiconductor. Teradyne's test solutions ensure high product quality and fast time to market, playing a crucial role in the semiconductor testing process.