Here's Why Jim Cramer Is Keeping an Eye on Intel
The Street founder Jim Cramer thinks that investors should keep an eye on Intel (INTC) - Get Report . Yesterday, Intel closed above its 50-day average while its fellow chip stock AMD (AMD) - Get Report plummeted.
"AMD is down in large part because in large part because of the belief that Intel will be able to make more chips," Cramer said.
- Intel Surges to Highest Level Since August on Manufacturing Ramp Up
- AMD Stock Clobbered as Intel Accelerates Production Timeline
"Lately the chip stocks have become a lot more inconsistent, some big winners some big losers," Cramer said on Mad Money Tuesday night. "Even the border group, let's call it directionless."
Over on TheStreet, Stephen "Sarge" Guilfoyle weighed the pros and cons of Intel and AMD. The winner? At least when it comes to value, Guilfoyle is betting on Intel.
Intel is Real Money's stock of the day. Check out the latest moves in the stock here:
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