Jim Cramer Says Semiconductor Stocks Are 'Going Down.' Buy These 2 Dividend Stocks Instead

Jim Cramer warned that all semiconductor stocks are falling due to margin-driven forced selling and advised investors to wait before buying any names in the sector. He recommended Clorox (CLX) as a defensive pick, citing its 5% dividend yield and 0.53 beta, while also favoring Quanta Services (PWR) for its record $48.5 billion backlog after a 12% pullback.

Why it matters: Cramer issued a sharp warning on Nebius (NBIS), calling it 'not done going down' after a 35% monthly drop, and preferred Coca-Cola (KO) over Coke (COKE) due to aluminum tariff margin pressure on the latter.