Jim Cramer: Intel and Old Tech Companies Are Low Risk, High Reward

TheStreet's Jim Cramer says everyone wants to play the high multiple, high-flying cloud and e-commerce names, but what Cramer likes is the low risk, higher rewards situations. Cramer says Intel is the one to watch next week. Intel has already preannounced earnings will be better than expected. In the old days at Intel, during the 286, 386, 486, Pentium cycle, they would announce better than expected, and then do even better when they actually reported. That's what Cramer wants to hear from Intel. If that happens, Intel is going to climb to 32 or 33. Cramer says to watch Micron and Microsoft as well. Everything old tech is doing well because the demand has picked up while there is no new capacity coming on.