Intel (INTC)

Since the current CEO took over a year ago, shares have rallied 321% and has given earnings surprises. This is one of the greatest turnarounds he's ever seen. Their high-end CPUs are essential to data centres. In a time of chop shortages, Intel has been building its US capacity. Their latest quarter was super, and they can't keep up with demand.

He'd selling some short-dated calls on this one ; you can get some good premiums on the volatility. You probably don't want to get called away, so keep an eye on it. If it keeps going up, just roll the strike price up and out.

He didn't trade it this week as it made new highs. He bought it last December at $40. Last Friday, it was in the $80s and held because momentum looked great. Next week, he may trade or do a covered call. It's a trade now. Sometimes you let it run--gosh, he hasn't seen a run like this.
He didn't trade it this week as it made new highs. He bought it last December at $40. Last Friday, it was in the $80s and held because momentum looked great. Next week, he may trade or do a covered call. It's a trade now. Sometimes you let it run--gosh, he hasn't seen a run like this.

For semiconductor exposure, she prefers NVDA, AVGO, and QCOM -- higher-quality ways to play the space. What INTC makes is strategically important to the US government. 

The turnaround is real. Earnings and EPS for Q1 blew out of the water. Unique tailwind of US government taking 10% share. Trading right around analysts' target, so don't be surprised by a pullback. On her watchlist.

They don't have enough CPUs which cripples the growth of AI agents. Shares jumped 12% today.

The turnaround that's fully priced. Benefiting from TSM being fully sold out. Risky, as you're relying on huge bottleneck in CPUs as we look ahead.

He'd sleep a lot better owning TSM. See his Top Picks.

Be cautious. Very expensive. About 100x PE on this year's earnings. Discounting a lot of good news and flawless execution for next several years. Owns massive fabrication plants (fabs); unlike NVDA, which designs chips but then pays others to build them. 

New strategy to build new fabs, but let competitors use them -- wants to become second-largest foundry by 2030. Government investment is positive. Stock's gotten ahead of itself.

Up 26% last month. Their latest quarter wasn't that negative: weak guidance because of supply constraint, not a demand problem at all. But shares ran up to the quarter, then got hammered. He believes in the CEO and sees more upside here.

Tricky. A buy, but price is a bit ahead of fundamentals. Driven by news around US government supporting it. Still a ways to go on its turnaround, but encouraging that US government and NVDA are involved. Still trying to optimize manufacturing capacity, while everyone else is expanding. Lots of wood still to chop. 

For her, it always falls short on upside. But she wouldn't be opposed to an investor buying here, especially on the pullback.

Yesterday, they delivered a decent quarter but lowered guidance. They can't make enough CPUs to meet demand; they planned incorrectly, lackluster execution. Shares sank 17% today.

It reports Thursday. It's been surging since the new CEO took over. Given the fierce competition in semis, Intel's earnings may not be big enough.

The former CEO nearly ran Intel into the ground with ambitious plans to build semis factories. but the new CEO got a bailout from Washington which bought a stake in the company. Shares rose last September and has made higher highs and higher lows ever since. On the chart, the MACD line is flashing buy. The On Balance Volume is steadily marching higher. But the RSI is in overbought territory. Lang targets $55 and eventually the high-$60s.

Up 84% last year, especially the end of last year when Trump's government invested in it which helped clean up is balance sheet. Terrific new CEO. It will take a long time turn around the company but is headed in the right direction. 

Bought a small position. Was up 94% last year, after left for dead for many years. Has serious investors like Nvidia behind it, which impresses him. Great managers. Some questions about it and is keeping a short leash, but it could run up.