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Stock impact report

Undervalued Intel Stock Could Hit $75 By Year’s End [Yahoo! Finance News]

Intel Corporation (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
The last time I weighed in on Intel (NASDAQ:INTC), I said, "It's best to avoid INTC stock for now, and look to by on a pullback." That was on Nov. 27, 2019, as it traded at $58.22.Source: Thanes.Op / Shutterstock.com Shortly after, Intel did, in fact, pull back slightly to $55.80 before running up to $66.68.While Intel is losing market share to companies like Advanced Micro Devices (NASDAQ:AMD), it's still pushing to higher highs. All thanks to rising demand for CPUs from data centers, artificial intelligence, machine learning, 5G, and the Internet of Things.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPlus, Intel still trades with a low forward P/E of just 13.3, as compared with AMD's 37.26. It's also well below the average P/E of 17.2 of some of the top semiconductor stocks in the VanEck Vectors Semiconductor ETF (NASDAQ:SMH). * 10 S&P 500 Stocks to Buy Increasing Their Dividends in 2020 However, that may expand with better earnings growth. We must also consider tha Show less Read more
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