Is Intel Corporation a Buy?
Computer chip company Intel Corporation (NASDAQ: INTC) is a tough stock to figure out. Most recognize Intel for the processors it puts in personal computers, but Intel has dominated data centers for a long time. Management is giving the company a makeover, investing billions of dollars to make Intel a leading semiconductor manufacturer, much like Taiwan Semiconductor.
The company recently closed the year with fourth-quarter earnings, and Wall Street didn't like what they heard. Intel's stock took a punch to the chin, plunging on its results. Now, investors are left to determine whether this is a buying opportunity or a sinking ship to avoid.
You never want to count out a big-name technology company like Intel, so I've looked at how the company progressed during Q4 to determine the smart move for investors today.
Source Fool.com
Intel Corp. Stock
Our community is currently high on Intel Corp. with 25 Buy predictions and 12 Sell predictions.
With a target price of 37 € there is a positive potential of 21.51% for Intel Corp. compared to the current price of 30.45 €.
