Jim Cramer highlights Intel as his favorite stock, citing CEO Lip-Bu Tan’s turnaround amid a 200% year-to-date surge.
Jim Cramer designated Intel (INTC) as his top stock pick on June 30, praising CEO Lip-Bu Tan’s turnaround efforts. The stock, trading in the low $20s less than a year ago, has surged over 200% in 2026, though it recently pulled back sharply around Cramer’s call.
Intel’s rebound follows a U.S. government disclosure in August 2025 of a roughly 10% equity stake, marking a shift from its prior struggles. Cramer’s CNBC Investing Club also initiated and added to its Intel position in June, signaling confidence in the stock’s momentum.
Cramer argued Wall Street is rewarding AI supply-chain stocks like Intel, Micron (MU), and AMD while penalizing hyperscalers. The call raises questions about whether the rally has further room to run or if the easy gains have already been made.