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Fourth Quarter Earnings for Intel Will Be Strong: Cramer

August 5, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Jim Cramer is expecting Intel to have a strong quarter when the company reports later in the week. Cramer says we had some disappointing news from Micron last week and then on Monday we had disappointing news on SanDisk, so people are starting to get a little nervous about Intel which was the best performing stock in the Dow. But, Cramer says, Intel is a combination of cost cutting on the capital and also a triumph over AMD. He says Intel stock has run but the focus on the idea that technology is dead will prove to be incorrect. He adds tech is a decent place to be going into Intel’s quarter. The chip-maker giant is due to report fourth quarter and full-year 2014 results on Thursday.

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