Jim Cramer Likes Intel (INTC)

CNBC's Mad Money Jim Cramer said in an interview with Erin Burnett that he really likes Intel Corporation (NASDAQ: INTC). Intel (INTC) raised its quarterly dividend today to 15.75 cents per share, and Jim Cramer thinks this is a sign that things are going really good in Intel (INTC).

Cramer added that Microsoft (NASDAQ: MSFT) is doing well on the market, which would be impossible without Intel (INTC) being in a good shape. He also believes that INTC lagged behind Microsoft (MSFT) and Dell (NASDAQ: DELL) in terms of stock price and its time to rise will come.

INTC gained 2.07% today and closed at $20.23, with a volume of $64.75M.