April 15, 2010
Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday April 14.
Intel (INTC), Microsoft (MSFT), Cree (CREE), SanDisk (SNDK), AMD (AMD), Micron (MU), Corning (GLW), Western Digital (WDC).
Cramer wondered how investors could be so blase about exciting companies like Intel (INTC) which reported an amazing quarter and yet inched up only 75 cents. Cramer made a confession. "My name is
Jim Cramer, and I am an Intel-aholic." He is also an Intel historian, and predicts the stock will double, given that it doubled after 3 previous product cycles. Intel is headed for "the most impressive product cycle that I can ever recall." Following each release of various chips in the 80s and 90s, the stock doubled within 2 years. Until this most recent product cycle, Intel has been "wallowing" but is almost certain to repeat its history, said Cramer, thanks to the mobile internet tsunami. Other tech plays will be carried up by the cycle, including Microsoft (MSFT) which should be "bought aggressively before it reports." Cramer is also bullish on Cree (CREE), SanDisk (SNDK), AMD (AMD), Micron (MU), Corning (GLW) and Western Digital (WDC).
Czn.