All of a sudden, Cramer likes Intel. Better late than never, after bashing it for two weeks and giving buyers a good price. It was hard holding on after all his minions started selling it, but funds don't agree with him and took the stock up. That man does not understand semis.
Strange Stocks on the Catch-Up Trail, By Jim Cramer:
Weird stocks are moving here. Intel is a strange one, unless you want to get an edge on the summer's buying season. I would think that if you wanted to go that way, you might rather own Nvidia . But I respect that Intel creeps up over time. And there's Kodak . That's right, Kodak. Image sensory technology, according to an S&P analyst, is propelling this one. This stock has done nothing for so long that I guess if it does anything right, it could go higher. How about Kohl's ? Buckingham Research takes it to a strong buy, and it ramps. Who would have thought it? I thought nobody liked these stocks. And then quietly, General Electric is sneaking up. This time, the move looks real. All of these stocks are playing catch-up to the rest of the market. That's a sign of health.
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on Thursday, June 14, 2007 at 6/14/2007 06:07:00 PM.
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