Is Intel Corp. Finally Winning Over Investors?
Though 2017 hasn't been a banner year for shareholders of Intel (NASDAQ: INTC) -- its stock is up 8% overall -- things have definitely improved for them lately. Intel shares rose 17% in the past three months, and by more than 11% over the past 30 days, pushing their price to highs not seen since 2000.
With the third-quarter earnings report scheduled for Oct. 16, shareholders wondering if Intel's rapid run-up will continue need two questions answered: What factors have been driving the recent bullishness, and are they sustainable?
Image source: Getty Images.
Source: Fool.com
Intel Corp. Stock
€18.55
5.030%
Our community is currently high on Intel Corp. with 25 Buy predictions and 16 Sell predictions.
With a target price of 38 € there is potential for a 104.87% increase which would mean more than doubling the current price of 18.55 € for Intel Corp..
