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Xilinx is just the kind of company that Cramer likes right now. Not only is it at the center of a thriving mobile-Internet business, but management pre-announced better-than-expected earnings on Sept. 23 and then blew away those expectations when it reported on Wednesday. The stock’s up a healthy 22% since Cramer’s March 17 recommendation.
There is a problem, though, at least as far as some Wall Street bears are concerned. Phase three of China’s wireless stimulus rollout is winding down, which Xilinx [XLNX
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] predicts will hurt profits next quarter. But management is spinning the news, saying that phase four could be bigger than three and the potential revenues haven’t yet been included in the company’s backlog.
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So what’s the truth? That’s what Cramer wanted to know, which is why he invited CEO Moshe N. Gavrielov onto Mad Money. Watch the video for the full interview.
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