We recently published a list of Jim Cramer Looked At These 11 Stocks Recently. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against other stocks that Jim Cramer looked at recently.

On Wednesday, Jim Cramer, the host of Mad Money, shared his thoughts on the volatile trading day, pointing out that President Donald Trump’s actions are reshaping how investors assess stocks. Cramer highlighted that before Trump came into the office, his method of evaluating a stock was looking at its price, earnings, revenues, and gross margins.

“Now, though, I start with a simple question: Can President Trump hurt the stock? Can he damage it with an offhanded comment? Can he crush it in anger? And most important, does the price-to-earnings multiple make sense in this new world in light of the president’s love of tariffs and total hostility to the way this country’s been running the past, not to mention many of our country’s friends?”

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Cramer specifically pointed to the automotive industry as a significant example of how Trump’s approach to trade has shifted the dynamics of the market. He recalled how the North American Free Trade Agreement (NAFTA) was originally created, partly to protect the U.S. auto industry from the influx of low-cost imports from countries like Japan and South Korea.

“Without NAFTA, auto companies couldn’t compete against the flood of imports from Japan and South Korea, which only have a 2.5% tariff on them. The tariffs President Trump slapped on American companies that import products from Mexico or Canada, 10 times that.”

Cramer also acknowledged that the recent pause in tariffs for the auto industry caused a brief surge in market activity, which led to some unpredictability in stock movements. However, he noted that if automakers are forced to either pay the hefty tariffs or shift their production to the U.S., replacing inexpensive labor in Mexico with higher-cost union labor, their earnings could face a sharp decline. Cramer speculated that such a scenario could result in a significant cut in earnings, though he hoped the impact would not be as severe.

“Here’s the bottom line: This market is fiercely trying to revalue stocks because of the president’s comments. And we do it day after day after day because he’s always making so much news. So it’s been doing a poor job and that’s created a ton of opportunities for you to both buy and sell and I say you take them right away.”

Our Methodology

For this article, we compiled a list of 11 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 5. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 83

Cramer highlighted Intel Corporation (NASDAQ:INTC) as potentially the biggest beneficiary of the previous administration’s CHIPS Act, which aimed to boost domestic semiconductor manufacturing. He noted that under the leadership of former CEO Pat Gelsinger, the company received a substantial grant of $7.86 billion to support its expansion efforts in the United States. He added:

“He’s gone but the expansion plan he set up is still on, albeit in a curtailed way. Now, we can’t tell how much of the grant will actually go to Intel, except that it’s already took in $1.1 billion last year, another $1.1 billion this year. Even if it hits all of its benchmarks though, a big if, I wonder if the rest of the money will still be there.

We can’t tell if Intel’s gonna get any more money from the government, but the company needs it badly. Intel has $46 billion in long-term borrowings. We keep hearing that there’s a lot of interest from buyers for a stake and they’re more about Altera division, I’ll believe it when I see it. But honestly, it’s shocking that Intel’s stock isn’t down even more here. It fell only 52 cents today after that speech last night.”

Cramer pointed out that, with many of the expansion plans seemingly falling apart and the president furious over the situation, Intel (NASDAQ:INTC) is in a position where it urgently needs to find a way to reconcile with the administration. He went on to say:

“Maybe Trump will help get them a partner to see them through this… I think the stock’s way too expensive here at $20 and change after last night’s speech, just being valued wrong. Talk about being in the crosshairs. Intel’s now ground zero for the end of government largesse, especially after Taiwan Semi committed $100 billion to build semiconductor foundries here in America, and that brings a total of $165 billion, they made a previous commitment. Who the heck needs Intel?”

Intel (NASDAQ:INTC) creates and produces computing products such as processors, memory, and AI solutions.

Overall, INTC ranks 4th on our list of stocks that Jim Cramer looked at recently. While we acknowledge the potential of INTC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than INTC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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