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As the leader of a leading manufacturer of key electrical components, Kemet Corp.'s chief executive, Per-Olof Loof, is at the heart of many important industries, he told Cramer on Tuesday in an exclusive interview.
"Kemet may not be a household name, but we belong to almost every home," he said in "Mad Money." "We cover the automotive sector, we cover the military, medical, industrial, telecommunications and whenever there is a tension, you need some of our things to support the drivers on the map. "
As such, Loof's company is entangled in the growing space that is the Internet of Things, a Wall Street slogan for the burgeoning pseudo-environment of connected devices.
In this space, "I think what we see is a trend and not a bubble," Loof told Cramer. "Yes, there are cyclical phenomena that can happen on the market and of course it will affect us as well, but I think that in fact we are only at the beginning of the digitization of society and that companies like us, as well as others, will benefit only for a long time to come ".
Click here to see his full interview.
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