Mad Money

More Upside to Come for Novellus?

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Cramer is Bullish on Novellus

There could be more upside to come for semiconductor equipment maker Novellus, Cramer said Tuesday.

The tech company is up 59 percent since the “Mad Money” host first recommended it in October of 2009. After hitting a low about a month ago, it has recently run up thanks to the very bullish quarter it reported last week. Novellus delivered a 5 cent earnings beat off a 68 cent basis, with revenues coming in slightly below expectations.

It is also one of the most shareholder friendly companies, Cramer added, with aggressive buybacks.

To get a read on the company’s prospects, he sat down with CEO Richard Hill. To see the full interview, watch the video.

Call Cramer: 1-800-743-CNBC

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