Advanced Micro Devices (AMD) is the semiconductor company that Jim Cramer once regarded as hated and left for dead. Suddenly it has risen from the ashes and has more than doubled since its January lows; prompting Cramer to find out if it is worth investing.
He turned to Bruce Kamich for assistance, a technician, professor at Baruch College and colleague of Cramer's at RealMoney.com. Kamich tends to be negative on stocks, but recently made a positive case for AMD, even as it seemed destined for bankruptcy not long ago.
AMD makes microprocessors for the declining personal computer industry, as graphics chips for computers and videogame consoles. The stock closed at $4.51 on Tuesday, while it was trading at just $1.61 in July of 2015.
"You don't see your stock fall below $2 if you are doing a good job," the "Mad Money" host said.