Intel was cited as critical for national security, and the stock price bottomed around $20. Price recovery to $40 suggests renewed interest, but author believes further upside remains. Long INTC based on continued growth potential and strategic importance. Negative press (e.g., product defects like "burning CPUs"), competition, execution missteps.
Intel was cited as critical for national security, and the stock price bottomed around $20. Price recovery to $40 suggests renewed interest, but author believes further upside remains. Long INTC based on continued growth potential and strategic importance. Negative press (e.g., product defects like "burning CPUs"), competition, execution missteps.