Ahead of Intel's (INTC) earnings call tonight, Jim Cramer said look elsewhere for solid tech plays.

Cramer told Wall St. Confidential host Aaron Task that he feels "very strongly" that Advanced Micro Devices ( AMD) cannot be knocked out by a big price war in chips.

Intel, while a "terrific" play on Microsoft's pending release of the Vista operating system, "is not nearly as good as buying the buyers of semiconductors," which is why Cramer said he's been recommending Hewlett-Packard ( HPQ), which he owns for his charitable trust, Action Alerts PLUS.

"It's down today, which makes no sense," he said of Hewlett-Packard.

In other stock talk:

Cramer said to ignore the Symantec ( SYMC) good-news story.

He called the company a "nonstarter" and a value trap. In fact, Cramer said Symantec reminds him of a series of software companies in the 1990s that never came back. "I feel that those who are on this horse betting on a comeback are really hurting themselves and should move on," he said.

On the subject of homebuilders, Cramer said Centex ( CTX) and KB Home's ( KBH) land-option writeoffs are both bullish and bearish.

The problem with these companies, he said, is that "their eyes were too big." Therefore, as they take drastic measures such as writeoffs, people need to recognize that some of these companies waited to take action because they still believed good things were around the corner for the housing sector, Cramer said.

Further, he said he believes this is the retrenchment the market has been waiting for. Cramer said he liked these stocks in September, after which all the analysts got on board. Now he only likes KB Home, but believes it can still be sold here.

When Task asked whether Monday's news that General Electric ( GE) is buying an aerospace company could be considered a call by GE on the aerospace business, Cramer said he believes GE wants to dominate the aerospace business.

But Cramer pointed out that GE is also making a huge energy bet (a recent purchase of oil-equipment outfit Vetco Gray), which he believes is a more important bet than aerospace.

"I would love to buy the stock not only on its P/E basis, which is high, but on its bet on oil," Cramer said.

At the time of publication, Cramer was long HPQ.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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