Intel (INTC)

If it got into the NVDA business he could not calculate what it would be worth. The model price is $82.64, or a 70% upside. The stock is much unloved and has a monopoly position. He is interested in catalysts that might come along. (Analysts’ target: $56.45).

In a very competitive space now--which is the big problem--unlike when Intel began. That's why he doesn't own it.

This is old technology. It was one of the greatest success stories, and is trying to reinvent itself, much like Cisco and Microsoft. Intel’s future is probably in the chips that will power artificial intelligence, such as autonomous driving. The company holds great promise but there are serious questions about whether they will be the leadership group. He thinks that there is more visibility in companies like Google and Apple and Facebook, whereas the future of Intel is still uncertain. (Analysts’ price target is $56.55)

Is a tech company in the value basket now. There has been a nice pull back. It is a long term play. Replacement demand for chips will only get stronger. He likes it at these levels and is a good entry point now. Yield of 2.5%

They indicated that gross margins are shrinking. They are dominant in the PC market but that is shrinking. Revenue and earnings are quite flat. Not interested in stock because she does not see much growth opportunity.

The stock fell when the CEO left in late June. He wants to buy this stock on the dip. His model price is $79.49 showing a 50% upside. He thinks that old tech has not risen as much as other tech companies, like Micron and nVidia and that leaves opportunity for patient investors. (Analysts’ price target is $58.91)

A core position for him. He's always held this. They're a quiet leader in this space. In the last few years, they have been warming up to the Cloud by selling chips into the Cloud. He strongly believes in Intel.

(A Top Pick August 4, 2017. Up 40%). It’s coming back down and is lower than his $76.95 model price. The CEO was fired over the weekend. He thinks that second-quarter earnings will be good and this pullback is a good buying opportunity.

He thinks there is more upside. It’s having a nice correction. Current price is 51% discount from his model price of fair market value. (Analysts’ price target is $59.74)

It used to trade at 50 times earnings, but that has changed to only 10 times. He notes they have technically broken out through $35 resistance. He does not own it, but expects a 10-20% annual return for an investor would be likely (with the dividend contributing significantly to that return).

Is recent dip an opportunity to buy? They’re not in chip stocks. They’re not at cheap valuations right now. Semiconductor space is vulnerable because of its competitive, commodity-type business. Has had a fairly good run, pretty steep valuation.

This used to be the 800 pound gorilla of the chip business but then chips became more commoditized. Now, Intel is getting its mojo back. They have rediscovered innovation, new products are gaining market share and the stock has risen sharply after doing nothing for a long time. He doesn't expect them to ever regain the iconic status that they had before because too many people now know how to make good chipsets. However, he thinks the stock today is worth considering.

It is another of those tech stocks that had early success and is now reinventing themselves. Don't be too concentrated in techs.

It was tied to the PC market, but took a long time to transition into cars. Trades at 14x earnings and pays a 2.2% dividend. It's executing well these days. Good company.

t is a big player in the concept he holds called Digital Twins, supplying the technology for large data gathering. They have come out with new releases of processors and have huge customers such as Alibaba. They have been aggressive into 3D technology. This is a core holding for him.