Intel (INTC)

He sold it a few years ago, so he could get out of a capital-intensive business. He invests in capital-lite semis companies with high margins and stable profits. But a company investing a lot in capex within a cyclical industry is definitely exposed.

In a tough spot. Very expensive to build large, advanced fabs. We're talking $5-10B a pop. Falling behind and attempting to leapfrog over the #1 competitor TSM. Not constructive on it. TSM's lead very hard to catch. Would be left surviving on government handouts.

Playing the nationalism card, but TSM is now building fabs in Arizona.

Great opportunity to pick up 4 pillars. MU on the manufacturing, TSM for the foundry, LRCX or KLAC or ASML as the equipment suppliers, NVDA is a gift down here as a designer. And (he can't believe he's going to say this) even INTC; come 2025, it will be competitive with NVDA.

He's recommended it a handful of times, and it's always blown up in his face. He owns it in a few separately managed accounts, and a couple of his analysts want him to put it in the fund. The chip coming out is going to be pretty competitive, even on price, with NVDA's.

You'll probably have to wait for Q4 of this year or Q1 of 2025, but it's a pretty good bet down here around $32. 12-month price target of $41, sweet. If everything can only come together on their new offering.

It's one of those stocks that, when you look at it on paper, it's a no-brainer. However, it all comes down to execution. Small position only.

They keep missing their goals and timing as competitors surpass them. Naybe they can get their act together, but that isn't investing. Look elsewhere.

Bought it though it's unloved. Shares plunged late April on earnings and lowered guidance, but the selling is done. So the bar is set low for their next report which should be positive. Intel is starting to see analyst upgrades. The government is supporting this with its chips act.

Lagged peers. Lost ground to NVDA and AMD in CPUs and GPUs in the AI chip market. Market skeptical of a turnaround. EPS forecast ~10-11%, tepid compared to others. PEG ratio still expensive. Technically not great that it's below 200-day MA and that average is moving sideways to downward.

It looks intriguing but is way down. It is building big new fabs in the U.S. It has been a leader in the business for a long time but do they have the technology to turn the corner. It has a P/E of over 30X and a yield of 1.5%

On his watchlist right now. He'd never buy this for his conservative account. Seems to be holding the old neckline, and he's looking for further proof. If it does, he'll go in for a trade -- here for a good time, not a long time.

A perfect description. Losing market share. Stock's bottomed out, can now start to move. A lot of the worst has been priced in. Won't double, but could get back to $40-45. Yield is 1.6%.

Intel is a tricky stock and we haven't seen the bottom yet which means lots of downside potential. If it gets to $32 you could consider buying.

Controversial among his research team, but he's not a fan. Eventually, it will take off. Highest-paid CEO in the semiconductor business, but the worst-performing stock. 12-month price target of $41.15. Plays directly in the sandbox of NVDA and AMD. Results missed, guided lower. Price action tells you not to own.

AMD's alliance with TSM leapfrogged it ahead of INTC. Challenge upcoming with Arm technology in cell phones; lost AAPL as a customer because it wouldn't make the desired chips.