Is Intel Stock a Good Buy in 2018?
Semiconductor giant Intel (NASDAQ: INTC) has seen its share prices surge in 2017, beating the overall stock market by double-digit percentages. Can Intel's valuation rise any higher from these multiyear highs?
Let's find out.
In plain English, Intel is on a roll right now. The company knocked every quarterly report in 2017 out of the park. In particular, the third-quarter report in October was strong enough to drive Intel shares 20% higher that month. From bottom-line growth and cash flow increases to operating margins and returns on equity, Intel is posting results of a quality not seen in six years or more.
Source: Fool.com
Intel Corp. Stock
Currently there is a rather positive sentiment for Intel Corp. with 23 Buy predictions and 12 Sell predictions.
As a result the target price of 38 € shows a positive potential of 30.74% compared to the current price of 29.07 € for Intel Corp..