Jim Cramer Picks Intel as Top Portfolio Buy, Seeking Bigger Stake in 35-Stock Club
Updated
Updated · CNBC · Jun 17
Jim Cramer Picks Intel as Top Portfolio Buy, Seeking Bigger Stake in 35-Stock Club
3 articles · Updated · CNBC · Jun 17
Summary
Intel was Cramer’s top pick at CNBC’s June Investing Club meeting, with the portfolio adding shares Tuesday and aiming to build a larger position.
He argued Intel has more upside than Nvidia because data-center CPU demand is strengthening, the CPU-to-GPU ratio is moving toward parity, and its foundry business could benefit from customers seeking alternatives to TSMC.
Arm ranked second among his preferred chip names, while Nvidia remained an "own it, don’t trade it" holding and Broadcom got support after a JPMorgan analyst dismissed concerns over Google chip delays.
Across the 35-stock portfolio, Cramer said AI is reshuffling winners beyond the traditional Magnificent Seven, lifting infrastructure plays such as GE Vernova, Eaton and Corning alongside select semiconductor names.