Jim Cramer's Stop Trading: Intel, Finish Line Offer Investors a Buying Opportunity

NEW YORK (TheStreet) -- Shares of Intel (INTC) are higher by almost 2% following a price target increase from $36 to $43 at Merrill Lynch. 

On CNBC's "Cramer's Stop Trading" segment, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said investors looking for the market to turn higher should keep an eye on Intel. 

If the market starts to move higher, Intel will likely be one of the leaders. The PC segment has been strong and Micron (MU) just reported a solid earnings report, he reasoned. 

Turning to Finish Line (FINL) , shares were punished when the company reported earnings last week, mainly for carrying the wrong products during the quarter. 

But management indicates that the problem has been resolved, along with the inventory and merchandise issues.

The company has caught a number of upgrades in the past few days and the stock's huge selloff offers investors a buying opportunity near current levels, Cramer concluded. 


-- Written by Bret Kenwell in Petoskey, Mich.

Follow @BretKenwell

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

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