We're buying more of Jim Cramer's new favorite chip stock on the dip
Shortly after the opening bell, we will buy 100 more shares of Intel at roughly $106 each. Following Monday's trade, Jim Cramer's Charitable Trust will own 1,000 shares of INTC, increasing its weighting in the portfolio to about 2.75% from about 2.5%.
Reported by 1 outlet — CNBC Top News. See all sources ↓
Shortly after the opening bell, we will buy 100 more shares of Intel at roughly $106 each. Following Monday's trade, Jim Cramer's Charitable Trust will own 1,000 shares of INTC, increasing its weighting in the portfolio to about 2.75% from about 2.5%. We're picking up more shares of Intel, consistent with the game plan we laid out in Friday's Morning Meeting. Shares were indicated a few dollars lower in premarket trading, extending its recent drop despite continued signs that demand for artificial intelligence chips exceeds supply.
Read the full report at CNBC Top News ↗
Why it matters
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- What's the story?
- Shortly after the opening bell, we will buy 100 more shares of Intel at roughly $106 each. Following Monday's trade, Jim Cramer's Charitable Trust will own 1,000 shares of INTC, increasing its weighting in the portfolio to about 2.75% from about 2.5%.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 5m ago.
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We're buying more of Jim Cramer's new favorite chip stock on the dip
Sources1TypeCoverageCNBC Top News