Squawk on the Street
CNBC Investing Club: Cramer’s Morning Take on Memory Stocks 8/17/26
· Summarized
Key takeaways
- Memory is a crucial, often underestimated, asset class likely to see renewed interest.
- Micron remains a strong investment due to its solid cash flow and buyback plans, despite some risks in the sector.
- Intel is a bargain stock offering good value, especially with recent strategic moves and insider buying.
- Investors should consider tech stocks like Micron and Intel for exposure to memory and data center growth.
Summary
Market Outlook and Opportunities
Jim Cramer discusses the potential for another upward move in the market, driven by themes like 'memory' as a new key asset, inspired by Elon Musk's tweets. He highlights recent stock performances, particularly Micron, which has gained about 20% since their initial investment, and emphasizes the importance of understanding which tech stocks have sustainable margins and cash flows.
Tech Stocks and Investment Strategies
The focus is on the chip and memory sectors, especially Micron and Arm. Cramer talks about the risks associated with Arm due to capacity issues and suggests that while some stocks are profit-taking opportunities, others like Micron remain attractive due to their strong cash flow and buyback plans. He also emphasizes Intel as a cheap, solid buy, especially given its recent equity raise and strategic packaging collaborations, which could boost its market position.
Individual Stock Analysis and Recommendations
Cramer shares his views on specific stocks, recommending Micron for memory exposure and Intel for data center opportunities. He suggests holding these stocks as they are positioned well for growth. He notes that Intel's involvement with Cadence and its recent buy-in from its CEO are signs of confidence and potential for profit.
Sponsors
- CNBC Investing Club · Join the club for full access to the morning meeting every day at 10:20 a.m.
Show notes
Cramer says investors should go for this stock if they want exposure to memory. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market’s biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here: cnbc.com/morningtake
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