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Jim Cramer Is Bearish On Intel And Why I Bought INTC

|Includes: AAPL, Intel Corporation (INTC)

on Now and then I like to watch Jim Cramer's "Mad Money" show on CNBC to see what direction the wind is blowing. That is, I think Cramer has a very entertaining show, especially if you like shouting and nobody taking the other side of his arguments, but it seems he echoes what is "group think" that tells you "why" a stock is up or down, but does very little for making good, long-term decisions. Sponsors who sell trading strategies love his show as it is easy to sell stocks and advice for stocks that are moving.

Read the rest of my article at Jim Cramer is Bearish Intel and Why I Bought INTC

Was yesterday the last chance to buy Intel under $20?

I didn't mention in in my Seeking Alpha article yesterday, Why Intel is a Great Buy (while at $19.75), but I think Intel will probably build chips for Apple (AAPL) in the near future. By the time that is public knowledge (ie Intel chips showing up in tear-downs of Apple products) the stock will probably be $30 and then Cramer will change his tune.

More articles by Kirk Lindstrom at

Disclosure: I am long INTC.