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Squawk on the Street

CNBC Investing Club: Cramer’s Morning Take on Intel 6/30/26

Squawk on the Street

CNBC

News, Business, Investing

4.1567 Ratings

🗓️ 30 June 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Cramer says to own this memory stock that could see multiple years of demand. 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 CNBC Investing Club Disclaimer

Transcript

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0:00.0

Jim Kramer here to share a short preview of my take on the market from today's

0:06.5

members-only CNBC Investing Club Morning Meeting.

0:09.5

Join the club for full access to the morning meeting every day at 1020 a.m.

0:14.8

Visit CNBC.com slash morning take to sign up today.

0:19.9

That's one word, morning take. Last week, Jim, we also saw this

0:24.9

magnificent rotation into health care stocks that, you know, they were tough to own for the better

0:31.6

part of the quarter. But they finally come to live all at or near alltime highs, Cardinal Health, Jay and Jay, Lilly.

0:41.1

Remember I said that this is ridiculous.

0:43.8

We bought some dinner.

0:45.4

Ridiculous.

0:46.0

We did sell some higher, but we got a nice basis now.

0:48.5

Ridiculous because the quarter was great.

0:50.2

He got caught up in a rotation.

0:52.1

Jason Holler did a magnificent job, the CEO.

0:54.9

It was a congratulations quarter, and yet the stock got hit.

0:58.8

But it was totally the rotation, as is Merck.

1:02.2

Cardinal Health actually may not be done going higher.

1:05.8

I remember I said that when it gets here, suddenly people say, wow,

1:09.1

Cardinal Health is back.

1:10.3

Let's go buy some. Now, I am in the opinion that we're being say, wow, cardinal health is back, let's go buy some.

1:11.4

Now, I am in the opinion that we're being pigs, having bought a lot, so that's why we've let some go.

1:17.9

But what you have when you look at this, or when you look at Eli Lilly, which is a rather

...

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