According to recent news, Constellation Energy announced on June 1 an underwritten public offering of 11 million shares.ManpowerGroup Inc. (NYSE:MAN) has “never really been a great win” for him, Cramer said.On April 30, ManpowerGroup announced the sale of its Jefferson Wells U.S. business to Sikich for a transaction value of $100 million.Cramer recommended holding on to Credo Technology Group Holding Ltd (NASDAQ:CRDO), adding that it is “just so good.”On the earnings front, Credo Technology Group, on June 1, posted fourth-quarter revenue of $437 million, beating analyst estimates of $432.05 million. The connectivity solutions company reported adjusted earnings of $1.16 per share for the quarter, beating analyst estimates of $1.03 per share, according to Benzinga Pro.Cramer said he doesn't want Perrigo Company plc (NYSE:PRGO), adding that it's a “value trap” and doesn't have any growth.According to recent news, Perrigo appointed Albert A. Manzone as interim president and CEO on June 8, succeeding Patrick Lockwood-Taylor.Cadence Design Systems, Inc. (NASDAQ:CDNS) is a “hold, and if it comes down it's a buy,” Cramer said.On June 9, Stifel analyst Ruben Roy maintained Cadence Design Systems with a Buy rating and raised the price target from $395 to $432.Price Action:
Cramer Says Credo Technology Is 'Just So Good' — But Warns This Healthcare Name Is A 'Value Trap' - Const
Jim Cramer recommends buying Constellation Energy (CEG) as it has come down too far. ManpowerGroup (MAN) is not a great win. Credo Technology (CRDO) is good. Cramer doesn't want Perrigo (PRGO). Cadence Design (CDNS) is a hold but buy if it comes down.
TL;DRAI
Credo Technology beat Q4 estimates with $437M revenue and $1.16 EPS, extending dominance in AI-era data connectivity. Pricing power in AI infrastructure indicates durable moat; factor into multi-year infrastructure capex and architecture decisions.
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