Baby Or Bathwater? Intel Must Decide (NASDAQ:INTC) Seeking Alpha
Intel’s stock has plummeted due to disappointing earnings, but the current low price and potential strategic moves suggest it may be a hold. Read more here.
- Intel’s stock has plummeted due to disappointing earnings, but the current low price and potential strategic moves suggest it may be a hold.
- The company is considering selling parts of its business to focus on core operations, though this is controversial and may not be the best move.
- Reasons to buy include the potential success of the 18A process node, compelling valuation, and promising technical outlook.
- Despite past mistakes, Intel’s bearish sentiment may be overdone, and the stock could be at a bottoming range, warranting a hold rating.
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Intel (NASDAQ:INTC) has seen its price plummet following disappointing earnings, and things are not looking up.
The company is considering selling parts of its business, a controversial decision that markets actually seemed to like.
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