Friday, November 20, 2009

Goldman Sachs Fools Jim Cramer, Who Then Recommended Intel This Week

There is a flood of these 'analysts' giving totally wrong recomendations this week.

Following the Goldman Sachs 'Buy' recomendation on Dell, Jim Cramer said on Monday that he really liked Intel: "“You don’t understand how good things are.” "The stock declined after the company’s most recent earnings report, and he thinks unnecessarily so. Intel responded so investors would know it had plenty of cash on hand in anticipation of the AMD “I really like Intel here,” Cramer said. He added that Dell’s upgrade was good for Intel, too, and Microsoft".

Take a look at what happened to Intel:

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