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