INTC likely to pump
As intel searches for a catalyst to extend this initial pivot I believe earnings may provide this. With the stock recently trading as low as .6 price to book, I believe it remains undervalued. Remember there is a right price for any stock that makes money or is about to make money. My short term target is the 20 week moving average around 25$. I still believe the stock is valued at 28-32$ based on assets and cash flows combined.
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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.