Skyworks Solutions Inc. (SWKS): Cramer bullish today on SWKS: "For hi...

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Tuesday, 01/24/2017 7:28:27 AM

Tuesday, January 24, 2017 7:28:27 AM

Cramer bullish today on SWKS:

"For his "Executive Decision" segment, Cramer spoke with Liam Griffen, president and CEO of Skyworks Solutions (SWKS) , the chipmaker with a stock that soared 13% last week after the company posted a three-cents-a-share earnings beat on record cash flows. Skyworks also announced a $500 million share repurchase.

Griffen said that Skyworks is all about connecting people. The smart phone continues to be the company's biggest growth driver, but Skyworks also sees a huge opportunity in connecting the Internet of things.

Skyworks also continues to diversify away from its largest customer and now has major partners in China as well."

"Cramer said he sees Skyworks as continuing to be one of the hottest stocks in the S&P 500."

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