Jim Cramer Did Not Back Onto Innovation (ONTO)

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18-05-2025

We recently published a list of . In this article, we are going to take a look at where Onto Innovation Inc. (NYSE:ONTO) stands against other stocks that Jim Cramer discussed recently.
During Thursday's episode of Mad Money, Jim Cramer cautioned investors against letting excessive pessimism shape how they approach the stock market.
'My view, you can be as cynical and corrosive as you want about the vast majority of things in the world in life. But if you're trying to make big money in the stock market, you're actually better off being critical and constructive. Reflexive negativity is not a smart strategy, and you'll most certainly trade yourself into oblivion with very little show for it.'
READ ALSO: Jim Cramer Put These 8 Stocks Under a Microscope Recently and Jim Cramer Commented on These 6 Natural Gas Players.
Cramer pointed out that markets often offer strong opportunities, especially on days when sentiment is low, and if investors remain too skeptical, they miss out. He emphasized that these chances do not appear in isolation; they show up often in what he called 'the greatest market in the world.' As per Cramer, many stocks that were once dismissed or 'left for dead' ended up rebounding. He noted, 'The cynics missed all of these moves,' and went on to say, 'You could have caught all of them.'
'So here's the bottom line: If you examined these same opportunities with a jaundiced eye, too critical, too negative, I know what would've happened. You would've passed on all of them. But if you were open-minded, if you were constructive, any one of these could easily have made you a boatload of money.'
For this article, we compiled a list of 12 stocks that were discussed by Jim Cramer during the episodes of Mad Money aired on May 15. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points ().
A technician observing a macro defect inspection process, the precision of the company's systems.
Number of Hedge Fund Holders: 50
A caller asked if it was a good time to get into Onto Innovation Inc. (NYSE:ONTO), given the stock's recent pullback. Here's what Cramer had to say in response:
'No, I mean look, test and measurement is always going to be letter A. That's what I like. I like Agilent. I'm not going to change my mind.'
Onto Innovation (NYSE:ONTO) designs and builds process control tools and software used in semiconductor manufacturing. The company's products support metrology, inspection, lithography, and yield management, with additional services like software licensing and spare parts. Invesco Small Cap Value Fund stated the following regarding Onto Innovation Inc. (NYSE:ONTO) in its Q4 2024 investor letter:
'Onto Innovation Inc. (NYSE:ONTO): The company is a semiconductor capital equipment manufacturer that provides process control solutions for microelectronics manufacturing, including defect inspection, metrology systems and software to enhance yield and reduce costs. The company has benefited from the artificial intelligence (AI) boom, but weakness during the quarter provided an attractive entry point for the fund.'
Overall, ONTO ranks 11th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of ONTO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ONTO but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at .