Intel (INTC)

Yes, they're building chip plants, which is great for America, but is it good for Intel? Shares are down 16% YTD and lag their peers.

Underowned. Beat top and bottom line, earnings looked really good. Weak guidance Q1. Cutting costs. CEO bought on most recent dip. Reasonably priced at 19.5x, 41% growth rate. Play on NA reshoring. Well run. Buy great companies like this when they're run down. Might take 2-3 years to work. Yield is 1.2%.

Long run of underperformance. Consistently missed on objectives and timing. Recently, has piggybacked on strength in the market. Might do a 180 turn and get their mojo back, but lots of risk associated with that premise. He'd go with QCOM or AVGO.

Not relevant. INTC made a strategic decision to start making chips for other companies. Lost its cutting edge. Struggling, despite healthy dividend yield. Problem is, do you really want to use INTC as your manufacturer if you're also competing with them? That's why TSM is the go-to.

Would recommend buying around $30, but would short at $45. Likes fundamentals of business. Good value option for semi-conductor business. 

Yesterday, it reported a decent quarter, but a miserable forecast of much lower gross margins. But Intel is in a dogfight with AMD over large customers, which explains their margin forecast.

He recently got in. Buy into it in thirds. If it goes up, you own it. If it goes down, there's another 1/3 you can buy.

He expects a big refresh in PC sales which will drive INTC, but the market isn't talking enough about this. You will be fine owning this.

After underperforming for years, shares jumped 56% in the past year.

Tech stock performing well into 2024. Demand for products continues to rise. A.I. will create further demand for computer chips. "Re-shoring" will also benefit company. 

Focus on chips and CPU business. Not a great place to play A.I. Doesn't see business performing. Cheap for a reason. 

They signed a deal with Siemens to provide them chips, and they wrapped up legal issues about infringement. He's bullish chips in 2024 among lower interest rates. Intel faces more competition from Nvidia, Apple, even Microsoft and others, but there's still upside.

Almost at price target, can probably buy cheaper. Has become a favourite, mainly because CEO has finally started to deliver. Great suite of products. Cloud, data centres, AI, edge, foundry services. Likes it, but it's already moved. Beat on top and bottom, raised guidance. YOY, growth is down. Hold on, add at $42, and $40. Probably won't go under $38.

Right space, but not the right horse. Better opportunities elsewhere. NVDA is quite expensive, so look at ASML. 

Popping 10% today on a strong report and forecast. It's bottomed. They are returning to growth. Very confident in the CEO. Loves that price targets rose today.