$INTC Nearly time to start scaling back into INTEL. Still Value
When INTc rang the alarm bells on the 25th April it dragged the entire stock market with it, so yesterday's AVGO negative outlook should not have been any great surprise to anyone. It was believed that AMD was the reason for INTC reporting such disappointing guidance but it is now evident that the trade war and more importantly the worldwide economic slowdown is effecting every sector. Semi and chip stocks are seen as a leading indicator for the world economy so when NVDA tumbled last year we should have all taken note.
Intel has the advantage over others, as having a very reasonable p/e ratio and balance sheet so will probably recover before others. In friday's session while AMD and NVDA lost +3% intel was only down 1%, which is a significant sign.
Another slight pullback would be a good opportunity to start scaling into the stock.
AVERAGE ANALYSTS PRICE TARGET $53
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 10.45
SHORT INTEREST 1.2%
COMPANY PROFILE
Intel Corp. engages in the design, manufacture, and sale of computer products and technologies. It delivers computer, networking, data storage and communications platforms. It operates its business through the following segments: Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions and All Other. The Client Computing Group segment consists of platforms designed for notebooks, 2 in 1 systems, desktops, tablets, phones, wireless and wired connectivity products, and mobile communication components. The Data Center Group segment includes workload-optimized platforms and related products designed for enterprise, cloud, and communication infrastructure market. The Internet of Things Group segment comprises of platforms such as retail, transportation, industrial, video, buildings and smart cities, along with a broad range of other market segments. The Non-Volatile Memory Solutions Group segment constitutes of NAND flash memory products primarily used in solid-state drives. The Programmable Solutions Group segment contains programmable semiconductors and related products for a broad range of markets, including communications, data center, industrial, military, and automotive. The All Other segment consists of results from other non-reportable segment and corporate-related charges. The company was founded by Robert Norton Noyce and Gordon Earle Moore on July 18, 1968 and is headquartered in Santa Clara, CA.
Intel has the advantage over others, as having a very reasonable p/e ratio and balance sheet so will probably recover before others. In friday's session while AMD and NVDA lost +3% intel was only down 1%, which is a significant sign.
Another slight pullback would be a good opportunity to start scaling into the stock.
AVERAGE ANALYSTS PRICE TARGET $53
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 10.45
SHORT INTEREST 1.2%
COMPANY PROFILE
Intel Corp. engages in the design, manufacture, and sale of computer products and technologies. It delivers computer, networking, data storage and communications platforms. It operates its business through the following segments: Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions and All Other. The Client Computing Group segment consists of platforms designed for notebooks, 2 in 1 systems, desktops, tablets, phones, wireless and wired connectivity products, and mobile communication components. The Data Center Group segment includes workload-optimized platforms and related products designed for enterprise, cloud, and communication infrastructure market. The Internet of Things Group segment comprises of platforms such as retail, transportation, industrial, video, buildings and smart cities, along with a broad range of other market segments. The Non-Volatile Memory Solutions Group segment constitutes of NAND flash memory products primarily used in solid-state drives. The Programmable Solutions Group segment contains programmable semiconductors and related products for a broad range of markets, including communications, data center, industrial, military, and automotive. The All Other segment consists of results from other non-reportable segment and corporate-related charges. The company was founded by Robert Norton Noyce and Gordon Earle Moore on July 18, 1968 and is headquartered in Santa Clara, CA.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.