The fast-paced "Lightning Round" segment of Mad Money is a viewer favorite and Thursday night one caller asked Jim Cramer about Inseego Corp. (INSG) : "I like this one a lot," was Cramer's appraisal of this company that engages in the development of mobile, Internet of Things (IoT), and cloud solutions.
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With a high yield of 6.4%, this is an attractive stock for income investors.
I view this as just some routine and much needed corrective action rather than a major trend change.
These conditions presented themselves four times in 2020, three of which resulted in market corrections.