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Intel Corporation (INTC): “Intel’s in Trouble – But This Man Can Make Things Happen!” – Jim Cramer on the CEO Shake-Up

We recently published a list of Jim Cramer Discusses These 12 Stocks & Shares Big Buying Signal. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against other best stocks that Jim Cramer discusses.

In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer commented on President Trump’s latest set of tariffs. This time around, Trump targeted champagne in a bid to get European countries to reduce their restrictions on American whiskey brands such as Jack Daniel’s. Cramer started out by explaining the effect of the tariffs on the consumer and the general trend in the alcoholic beverage market:

“It depends on what do you really want to do if you’re the President and these, and expensive wine. And expensive champagne. Or make them expensive. Well I mean you basically want them to say will you stop it with the Jack Daniel’s? I mean, come on. Come on. If you try to make Jack Daniel’s expensive, everything you sell us is just gonna be too expensive and we’re all gonna be drinking Kim Crawford. . .But I do think that this is a very, very high tariff and I think it would cause a lot of attention in France.”

Cramer’s show, which aired on Thursday, came after Monday’s massive stock market bloodbath which saw the flagship S&P index shed $4 trillion in value from its post-election peak. The move, coupled with market worries about a recessionary impact from tariffs, led several analysts to cut their targets for the index. Commenting on the cuts, Cramer outlined:

“Yeah and I thought that was a great. . .look we kind of thought the President was transactional. Now we’ve realized the President is in transit. Now I am less concerned about the President than I was before because when I look at the different, I’ve been trying to get them to clarify what they’re doing. But other than autos, you know look we’re gonna have us a period where we’re gonna go from two-and-a-half percent autos to 25% and that’s gonna hurt Japan, it’s gonna hurt Germany. It’s gonna hurt Korea. And that’s the real tariff. And when we do that, that’s the day that the market’s gonna go down big enough to buy. Because then they’re kind of done. Remember, well here’s the problem Carl, nobody buys anything that we make so it’s really hard. . .President’s not explained that well. At all. That there’s like, they don’t buy any of our stuff. So what are they gonna do? Like put, even higher tariff on Kentucky Gentleman?”

Cramer’s recent programs have also focused on the impact of the President’s tariffs on the car industry. He has urged caution when considering buying American car stocks, and this time around, he discussed the impact of higher car prices due to the tariffs on the broader economy:

“Used car market unfortunately very much involved in the CPI. It’s gonna be a convoluted sense of world trade. And I think that what people recognize is that there has been a big disadvantage, we’ve been at a big disadvantage in our country. But the President has explained it so poorly, that you actually think that well wow, what’s he doing to us. But it’s been a big joke for a very long time. But no one’s taking any action because everyone wants cheap goods for the American people. He’s reversing it. He’s reversing it.”

The underlying theme of his latest appearances has been that while the President is right in pushing for tariffs, he could take a softer approach. According to Cramer, Trump’s “gonna make it so the goods aren’t cheap. But our trading partners have to pay the price. With the idea that maybe if they start buying some of the stuff or put more plants here . . .then maybe the tariffs will come down.”

Our Methodology

To make our list of the stocks that Jim Cramer talked about, we listed down all the stocks he mentioned during CNBC’s Squawk on the Street aired on March 13th.

For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders In Q4 2024: 83

Intel Corporation (NASDAQ:INTC) is the world’s largest integrated chip manufacturer – a distinction that allows it to design and manufacture its chips. However, the past 12 months have been full of turmoil for the firm. Intel Corporation (NASDAQ:INTC) has struggled with a sluggish CPU market and has been unable to compete in the AI industry. The struggles led its former CEO Patrick Gelsinger to abruptly leave the firm in December. March has been a great month for the stock as the shares have gained 16% since Intel announced its new CEO, chip industry veteran Lip-Bu Tan. Here’s what Cramer said about the development:

“Yeah when Lip-Bu Tan stepped down I said Gelsinger had to go because this man is a revered man. If you wanna go back to see who he really is, you go back to the 2022 acceptance of the Robert Noyce award. Noyce one of the founders of Intel. A speech that he gave, which of course introduced by Matt Murphy from Marvell. Is a very good friend of his. But also from, from Jensen Huang, from NVIDIA. And this man is a humble man who has invested in a huge number of companies. He is a loved person. When he got to Cadence it had a very bad reputation. Also had a bad balance sheet. And he asked for, answers about what to do. He got 300 emails almost immediately answered every single one of them. Another three hundred, answered every one of them. I think that keeping Zinsner, David Zinsner, who’s a fantastic CFO, going to temporary CEO. This is a very meaningful hire. The company is in trouble. I’m not saying you can go buy the company. I am saying that this man can make a lot of things happen. He is a, both a considered person, who is loved out there, but also an inventor and a, he’s created things but he’s also made it so there’s a lot of teamwork. He’s stressed this teamwork over and over and over again and that’s terrific. His venture capital company was called Walden.”

“[when asked what a turnaround looks like] No, I mean he wants to go forward and do some radical things and leapfrog over. But it’s capital intensive. He has to fix the balance sheet first, he knew how to do that at Cadence. Balance sheet’s a number one issue. Because it was really kind of stretched greatly by Gelsinger. One of the reasons I didn’t care for Pat’s work. So he’s gotta fix balance sheet. He’s gotta re. .um, he’s gotta get some alliances going. Because Lisa Su buried Intel. And Intel missed the AI. It’s so interesting by the way. In his speech, he talks about what we have to focus on is generative artificial intelligence, uh, large language models. All the things that three years later people are talking about.”

Overall, INTC ranks 8th on our list of best stocks that Jim Cramer discusses. While we acknowledge the potential of INTC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than INTC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires

Disclosure: None. This article is originally published at Insider Monkey.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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