FYI… Alrich and Cramer making a very positive case for Skyworks, including calling Skyworks the best NetFlix play outside of Netflix.
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Here’s the re-cap:
Executive Decision: David Aldrich
For his “Executive Decision” segment, Cramer spoke with David Aldrich, chairman and CEO of Skyworks Solutions (SWKS - Get Report) , the communications chipmaker that just delivered a 2-cents-a-share earnings beat but still has shares down 25% for the year and a full 50% from its highs last year.
Aldrich said Skyworks is taking everything it has learned about communicating with smart phones and tablets and applying that technology to cars, entertainment boxes and a host of smart “things” from smoke detectors to light bulbs.
Skyworks has mastered the art of communicating with multiple devices on multiple frequencies and services as the knitting that allows many different devices to talk to one another.
Aldrich said Skyworks is playing in all the right spaces, mainly mobility, connectivity, autos and the Internet of things. That’s how his company has been able to grow 15% to 20% a year but still maintain operating margins of 40%.
Cramer said this is one stock that has simply gotten too low.
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