Intel (INTC)

He sold last fall. Expenditures and capex still high. Dividend took a hit today. Restructuring necessary to stay competitive with TSM. Will take a while to come back.

The semi space is volatile, so you do have to manage your exposure. You could spend a good long time of an economic cycle out of favour, and you could suffer if you don't get the timing right. EPS has dropped from $5 to $2. Lots of leadership trouble. Failed to hit promises. Not competing well. Value trap despite the dividend.

She just sold it before earnings in early January. There were too many quarters of overpromising and not delivering.

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. EPS of 10c missed estimates of 19c; sales of $14B missed estimates by 3%. 1Q sales decline of 40% reflects demand weakness across its core client and datacenter segments, though the company remains at a lower risk of losing share in the client segment. Shortfall of about $1.5 billion in the client segment vs. consensus suggests 1Q may be the low point for gross margin, with management focused on generating at least $1 billion in cost savings through improved utilization of its plants and $2.6 billion in depreciation savings from extending equipment's useful life. The outlook was gloomy, and the stock was hit with mulitple broker downgrades in the last 12 hours. There has not been much growth here, and EPS this year will likely be less than it was 20 years ago. Unlock Premium - Try 5i Free