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.
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.
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
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
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These days, they are buying high and selling higher, and think their stock picks are protected by good fundamentals.
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