Is Intel Corporation a Buy?
With the company's stock up 11% since it announced another record-breaking quarter, some may think Intel (NASDAQ: INTC) is no longer a buy. Bullish investors like myself have long sung the Intel tune despite its relatively sluggish performance prior to its recent run-up.
Of the 40 Intel analysts, a majority of them -- 24 to be precise -- give Intel either a strong buy or overweight rating -- which is quite a departure from a year ago. There are still bearish pundits who suggest that next year, Intel will experience little to no growth. So, who's right, the Intel bulls or the naysayers?
Image source: Getty Images.
Source: Fool.com
Intel Corp. Stock
€19.63
-27.170%
Currently there is a rather positive sentiment for Intel Corp. with 22 Buy predictions and 17 Sell predictions.
As a result the target price of 38 € shows a very positive potential of 93.54% compared to the current price of 19.63 € for Intel Corp..
