Intel has something Apple doesn't
This market is driven by momentum, something Apple just lost and Intel just gained.
I think people are going to be very worried about how there's nothing out there looming that could be positive in the out years for Apple.
But Intel? It's so cheap, who cares?
Which one, however, is really cheap? In reality, after you back out Apple's cash, it trades at pretty much the same price-to-earnings multiple, even though Apple's growth rate is much, much higher than Intel's.
Related Articles
We have, however, a momentum-driven market. And Apple just lost momentum, while Intel just gained it. I think Intel could pick up buy recommendation after buy recommendation after buy recommendation.
But nothing like that is coming for Apple.
So Apple, amazingly, has become a "show me" stock.
And Intel, after all of these years in the wilderness, has now shown me. It's a true role reversal that explains, quintessentially, how hard this market really is to navigate.
At the time of publication, Cramer owned AAPL.
Jim Cramer is a co-founder of TheStreet and contributes daily market commentary to the financial news network's sites. Follow his trades for his charitable trust.
bought bac when shyster dissed it and made more than 10% in 2 days
which is better than" losing less" with shyster's "high yielders"
his latest "rigor" says buy tech and short financials so i missed when buying bac, i should have been also shorting apple
i can no longer watch cnbc in the morning even with the mute button..........it's
pukingly disgusting that this crook has replaced mark haines with his
chatterbox crap
Sell half your Apple and split proceeds between Intel and Microsoft so you can sleep at night. The PC's Dead is a bunch of BS. The PC's Mobile is a much better cliche.support bringing home EVERY troop and use them for their intended purpose of
defending america at it's borders and not 1 inch further unless attack
and if attacked ,quickly dispatch the enemy then return to the borders
it amazes me how non-veterans spout off about our troops and how crappy
these same people treat our vets.....i served in the 60's and haven't EVER gotten so much as a thank you......but i have heard many times how somebody SUCCEEDED without
any handouts and by their own hard work.........................yeah.......on our service
capitulation may be coming .. intel, verizon, p&g, bristol myers, et al will succumb to gravity in the final cataclysm to come .. and mad money will say "cool ... now we can buy them cheap .. booooooyah"MORE ON MSN MONEY
DATA PROVIDERS
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.
STOCK SCOUTER
StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.
137 | 298 | 469 | 654 | 591 | 592 | 690 | 490 | 318 | 150 |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
LATEST POSTS
Here's a list of ways to profit from the potential move from defensive to cyclical stocks.
FIDELITY VIEWPOINTS
- How to sell covered calls - Fidelity Investments
- Savvy year-end tax moves to consider now - Fidelity Investments
- Seven ways to prepare for tax changes
- Five reasons an annual review is crucial - Fidelity Investments
- Take a look at mid caps now - Fidelity Investments
- State of the sector: Health care - Fidelity Investments
VIDEO ON MSN MONEY
ABOUT
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.