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NASDAQ:INTC
This summary was created by AI, based on 30 opinions in the last 12 months.
Intel has seen a significant turnaround since the new CEO took over, with shares rallying 321% over the past year and strong earnings surprises reported. The company's high-end CPUs are critical for data centers, and despite facing supply constraints, demand remains robust. Analysts express mixed opinions, noting its essential role in national strategic interests and government support, while also highlighting challenges such as heavy competition and high valuations. Despite these concerns, many investors maintain a cautious optimism regarding Intel's future performance, driven by strategic government partnerships and a belief in the CEO's capability to steer the company back to growth.
It has come under pressure as Apple is rumored to begin using their own chips. A well run company that is just getting their stride back. Yield 2.52% (Analysts’ price target is $53.77)
Cheap at 10.5x PE 2020, and pays a good dividend. They beat their Q2, guiding above the street. They saw a cyclical bottom in the first half of 2019, but the China-US war has worsened since then. They're selling their modem business to Apple. An okay play for the valuation, but there's no growth to 2020. Look elsewhere for better growth. It's fine if you hold it, but don't add to it.
The competitors, like AMD-Q, have reduced gross margins. She is not stepping in because of that.
He is not a big believer in INTC just yet. PCs still make up 50% of their business -- a real anchor these days. In terms of manufacturing they used to have a key advantage, but their have given up that leadership position to Taiwan Semiconductor.