1 Dow Jones Stock to Buy, and 1 to Avoid
Within the Dow Jones Industrial Average (DJINDICES: ^DJI), (NASDAQ: INTC) has some of the best long-term potential. While times are tough for the chip giant right now, its push to become a contract manufacturer of chips for other semiconductor companies could eventually give it a massive new source of revenue.
Apple (NASDAQ: AAPL) is undoubtedly a stronger company today, but it's tougher to get behind the long-term story. Here's why Intel is a buy while Apple is a stock to avoid.
Demand for highly complex and powerful semiconductor chips will likely grow as the artificial intelligence (AI) market booms, and manufacturing those chips will be a lucrative business. Traditionally, Intel has kept its manufacturing operations to itself, churning out PC and server CPUs. But under CEO Pat Gelsinger, the company is aiming to leverage its expertise and facilities to become a major player in the foundry business.
Source Fool.com
Intel Corp. Stock
Currently there is a rather positive sentiment for Intel Corp. with 28 Buy predictions and 15 Sell predictions.
Based on the current price of 17.04 € the target price of 38 € shows a potential of 123.0% for Intel Corp. which would more than double the current price.
