Intel Corporation (NASDAQ:INTC) is one of the noteworthy S&P 500 stocks Jim Cramer highlighted. Cramer said that he is a “big believer” in the company’s CEO, as he commented:
Finally, rounding out the top 10 from January is Intel, which finished last month up nearly 26% despite selling off in the wake of its fourth quarter report on January 22nd. Overall, Intel’s more than doubled from where it was trading when the US government invested almost $9 billion for a 10% stake in the company last August. Frankly, I didn’t think Intel’s latest quarter was all that negative.
Photo by Slejven Djurakovic on Unsplash
Intel Corporation (NASDAQ:INTC) designs and manufactures processors, chips, memory, and related hardware. Additionally, it provides software, optimization solutions, and AI-enabled platforms.
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Disclosure: None. This article is originally published at Insider Monkey.
