Cramer’s Favorite Picks: Cypress Semiconductor Corporation (CY), Apple Inc. (AAPL), Celgene Corporation (CELG)

Cypress Semiconductor Corporation (NASDAQ:CY), Apple Inc. (NASDAQ:AAPL), Celgene Corporation (NASDAQ:CELG) are the favorite stock picks of Jim Cramer and he mentioned each of these stocks at least thrice in the last thirty days.

While talking about Micron Technology, Inc. (NASDAQ:MU) in the Mad Money show, Cramer said, “No, there’s too much competition. I like Cypress Semiconductor (NASDAQ:CY).” He called Cypress as his favorite semiconductor company for 2015 and Cramer spoke with CEO of Cypress Semiconductor Corporation (NASDAQ:CY), T. J. Rodgers, who in return mentioned about the acquisition of Spanion. Cramer mentioned Cypress Semiconductor (NASDAQ:CY) as its favorite stock in the semiconductor industry adding,

“My favorite in this group is still Cypress Semiconductor (CY). I think that’s a better play.”

Apple (AAPL)

Apple Inc. (NASDAQ:AAPL) is another stock that made it to Cramer’s list more than four times in the last 30 days. Another possible jump in the shares of Apple is possible because of the quarterly earnings announcements from the iPhone maker. Apple was one of the stocks in Cramer’s first portfolio of “Am I diversified” section. The stocks of Apple Inc. (NASDAQ:AAPL) are trading at $113.10 with current P/E ratio of 17.59. After a dropping price streak in the second and half of the third week, Apple recovered to its average trading prices.

Cramer has mentioned Celgene Corporation (NASDAQ:CELG) multiple times in the last 30 days. While talking about the game plan for the next week trading, Cramer said that Celgene Corporation (NASDAQ:CELG) is likely to go higher on Thursday.

While talking about Gilead Sciences, Inc. (NASDAQ:GILD) in the Mad Money show, Cramer said, “This is very inexpensive. I’m not panicking but I prefer Celgene (CELG) , Biogen Idec (BIIB) and Regeneron Pharmaceuticals (REGN).”

Celgene Corporation (NASDAQ:CELG) was in his stock picks for the Lighting Round of Mad Money show.

This article has been written by Prakash Pandey.

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