Jim Cramer Urges Caution On Corning, Stays Bullish On Intel And Boeing
2026-07-28 16:23:25
According to CNBC, Jim Cramer told investors to stay cautious on several AI infrastructure names after their sharp rallies earlier this year, saying the Club was right to trim Corning multiple times in June as the stock surged. Corning has fallen more than 50% from its June 29 all-time high and dropped 15% on Tuesday, while GE Vernova is down about 20% from its June 30 record close. He said Corning remains too volatile to buy back and questioned whether enough profits had been taken in GE Vernova. Cramer also said he would keep buying Intel on weakness, citing confidence in its foundry, advanced packaging and CPU businesses, and said Boeing remains attractive after reporting stronger-than-expected cash flow, adding that he thinks the stock could have a multi-month move.
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