Jim Cramer answers viewers' Twitter (TWTR) questions from the floor of the New York Stock Exchange. He weighs in on Intel (INTC) and reveals his thoughts on when the stock becomes a buy. Cramer says Intel is very levered to Asia and he believes that the company's acquisition of Altera (ALTR) will ultimately be a very good one. He believes the stock is a buy around $25 or $26 a share. Another viewer asks for Cramer's thoughts on T-Mobile US (TMUS). Cramer says he believes the aggressive nature of T-Mobile president and chief executive officer John Legere will force competitors to step up and fight against him. He adds that he does not want to bet against Legere and would like to own that stock. In order to do so, he recommends buying some, letting the stock come in and then buying some more. When one viewer notes that shares of PayPal (PYPL) are down and asks if that presents a buying opportunity, Cramer says it absolutely is. He explains that the market is heavily levered to China and the Federal Reserve right now and PayPal is not levered to either. Cramer says the market is giving investors a break to buy PayPal right now. If you have a stock question, tweet it @jimcramer using #CramerQ.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.