10 Stocks on Jim Cramer’s Radar Recently

3. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 83

A caller inquired about Intel Corporation (NASDAQ:INTC), and this is what Cramer had to say in response:

“Okay, well, look, this is a situation where you’ve got a, you have Lip-Bu Tan who’s an unbelievable executive. When I ask whether they are ready to be, let’s say for a much better situation than they’ve been, what I get is, look, let’s fix the balance sheet first. So I’m waiting for the balance sheet to be fixed. And once it is, then I think we’re going to take a hard look at it. But not until it is fixed to my satisfaction.”

Intel (NASDAQ:INTC) designs and makes computing products, including processors, memory, and AI solutions. On March 25, Cramer commented:

“Intel, alright. The one thing that Lip-Bu is doing, Lip-Bu Tan, first he’s fixing the balance sheet. He has to do that. The balance sheet is not good. The cash flow is not good, he’ll fix that with the help of David Zinsner who’s just a fabulous CFO. And then we’ll hear from him.”