They Have To Fix The Balance Sheet, Says Jim Cramer

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We recently published 10 Stocks Jim Cramer Discussed As He Questioned Official Data. Intel Corporation (NASDAQ:INTC) is one of the stocks Jim Cramer recently discussed.

Intel Corporation (NASDAQ:INTC)’s shares have stabilized this week after CEO Lip-Bu Tan met with President Trump to assure him of his loyalty to America. Trump had demanded last week that Tan leave his role as Intel Corporation (NASDAQ:INTC)’s CEO due to his ties with Chinese companies. Cramer commented on the developments and on reports of disagreements within the firm’s board:

Thank you for bringing that [story about differences in Intel’s board] up because I was going to go over that story, now I don’t have to. But it’s totally overblown.

Intel Corporation (INTC): They Have To Fix The Balance Sheet, Says Jim Cramer
Intel Corporation (INTC): They Have To Fix The Balance Sheet, Says Jim Cramer

Pixabay/Public Domain

“Don’t you think it’s interesting that Gelsinger was one of the presenters for Lip-Bu Tan when he won the 2022 Noyce Award. And then, what happened? He resigned from the board, remember in protest to Gelsinger’s stuff, Lip-Bu Tan. And now he’s running it. And news outlets have the story that there’s dissension? When I can’t find a single dissenter? I can’t!

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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