We recently put together a list where Jim Cramer discusses 17 stocks and blows up zero-day options. In this article, we’ll take a look at how Intel Corporation (NASDAQ:INTC) stands compared to other stocks.
After the Fed rate cut, Jim Cramer made his second appearance on Squawk on the Street and had a lot to say about the Fed’s decisions and the release of personal consumption expenditure (PCE) data. PCE statistics showed that inflation was falling, which was a boon for investors. Cramer said the release of the PCE data was “somewhat reassuring. I think it’s certainly possible that inflation will decline, because we’re starting to understand the real causes of inflation. , that doesn’t seem to be the case.” What happened on Wednesday was very shocking. He believes that the market has fallen after “rampant Bitcoin speculation, speculation in nuclear power, speculation in quantum computing, and speculation around what I think are these things.” It added that the announcement would not reverse the market decline. , thanks to Musk, intends to introduce it into commercial aerospace. ” Kramer said central bank officials “don’t want to see that. They’re not going to say that outright. I wish they had, but that’s what’s happening here. Out of the balloon. I believe it’s the air.
However, he believes the market may have fallen because the balloon “deflated”, which created an interesting opportunity. According to Kramer, market speculation has given way to “some very interesting fundamental news. And I think we’re at the most oversold we’ve ever been. In terms of 10-year lows. There are some numbers out there that say if you buy today, you’ll make a profit three months later, and in every case that’s really amazing.
Although the threat of a U.S. government shutdown over the holidays has been averted, Cramer also had some interesting thoughts on the conflict in Congress. He said: “I researched closures for my last book, and every closure was an opportunity to buy. As much as we’ve been covering this morning, closures are always scary. Oh, and closures. always ends up being a buying opportunity because they are considered so scary.”
Kramer backed up his claim by sharing data that took him overnight to calculate. He added: “I know what I’m saying is different than what I’m hearing, but today you should not sell, you should buy. All the data I have, I All the data we have, that’s what I’m saying,” he added. We have data from 10 years ago. This is the S&P Oscillator that I follow. Thank you to the folks at S&P. ”
story continues
A negative oscillator reading means that buying a stock on a push and then holding it for a period of time has historically yielded returns. “The median increase after three months is 4.55, 11.0 in 60 days. So this is unassailable. I couldn’t believe it. I asked them to do the math,” Kramer said. It took me all night to do the math. But I don’t know what to say, oh, you can make money if you buy today. A prediction is a prediction! He continued, looking at the market early Friday morning, “Who are these insensitive people doing this? They’re sleep-deprived and don’t know what they’re doing. And frankly, we know now that we’ve become a crack house.”
Mr. Kramer was not afraid to criticize investors who are obsessed with zero-day options. These options expire after the end of the trading day, so they are for investors looking to profit from the daily movements of the market. According to Kramer, the people who trade these options are “debilitated. They are. They believe that in the long run they need to hold out until the afternoon. Oh, they’re losing property, so… I feel sorry for them, but they don’t know what they’re doing. ”
He believes day trading is more “addictive” than online gambling. “Depression, anxiety, all the things that ruin your life are now part of our market,” believes Kramer. In fact, he says more needs to be said about options trading. Mr. Kramer said, “$538 million is an option! Of $1.9 billion, that’s $538 million! Cryptocurrency is $268 million! The next big line is margin interest! 220 million Millions of dollars! Why aren’t people talking about this?”
According to Kramer, “These guys are losing a lot of money. And maybe they need to take a little bit more of a long-term approach. If you think you can trade for a pro, look. You have to say that the pros do that.” What I’m saying is, the software, the experts have the algorithms, the experts know more than the people who day trade. But he said, “You can balance it out. You can do something like this as a hobby if you want to. But my dad got wiped out in the National Video deal. Now, Google National Video.” Let’s go. He was day trading for that.” All the way down. ”
our methodology
To compile a list of stocks that Jim Cramer talked about, we’ve compiled a list of all the stocks that Jim Cramer mentioned on CNBC’s “Squawk on the Street,” which aired on Friday.
We also mentioned the number of hedge fund investors in these stocks. Why are we interested in stocks that hedge funds invest in?The reason is simple. Our research shows that by mimicking the top stock picks of the best hedge funds, you can outperform the market. Our quarterly newsletter strategy selects 14 small- and large-cap stocks each quarter and has returned 275% since May 2014, outperforming the benchmark by 150 points. (Click here for details).
Is Intel Corporation (INTC) the best edge computing stock to invest in, according to analysts?
A technician who solders parts on a semiconductor board.
Number of hedge fund holders in Q3 2024: 68
Intel Corporation (NASDAQ:INTC) is the world’s largest integrated chip manufacturer that designs and manufactures chips. However, while this business model is prestigious, it also comes with high operating costs, as expensive foundries must be run and maintained. These costs are central to Intel Corporation’s (NASDAQ:INTC) 2024 story, as the slowdown in the PC market has negatively impacted the company’s income statement. At the same time, Intel Corporation (NASDAQ:INTC) has failed to gain fans due to its inability to tap into the AI market. With former CEO Pat Gelsinger stepping down, Kramer said:
“What I’m saying is this is an existential case. I mean, I think the Department of Justice has filed a case with the company. They’re going to make that as an example. That company’s balance sheet, Intel’s balance sheet is a nightmare. Intel’s balance sheet is a nightmare. Why can’t I see cash flow?”CVS has a huge amount of debt. Intel is in huge debt. “The balance sheet says no, that can’t happen (same company a year from now). I think President-elect Trump could use that as an example of why we shouldn’t.” ‘And I didn’t want that, I told Secretary Raimondo many times, this balance sheet is no good. “We can’t rely on Taiwanese cicadas.” No, you can’t. But Gelsinger believed in alchemy. ”
INTC ranks #8 overall on Jim Cramer’s list of recently talked about stocks. While we appreciate INTC’s potential as an investment, we believe some AI stocks are more likely to deliver higher returns and do so in a shorter time frame. If you’re looking for AI stocks with more promise than INTC but trading at less than 5x earnings, check out our report on the cheapest AI stocks.
Read next: BlackRock’s 8 Best Widemot Stocks to Buy Now and 30 Most Important AI Stocks.
Disclosure: None. This article was originally published on Insider Monkey.
Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.
