Jim Cramer names chip stocks to buy on the dip

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CNBC’s Jim Cramer on Monday recommended three chip stocks to buy while they’re down from their highs: Micron, AMD and Arm.

CNBC's Jim Cramer on Monday recommended three chip stocks to buy while they're down from their highs: Micron, AMD and Arm.

"I think the chip stocks have sold off way too hard," he said."Every reason we had to like this group earlier this year remains intact."from its 52-week high in July, according to FactSet. Cramer pointed out that the fund remains up over 25% year-to-date and said this sector needed to cool down after stocks rallied too much too fast.

 

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