Today, The Panic-Proof Portfolio (Stockchase Research) and Kim Bolton commented about whether ASAN-N, ORCL-N, JD-Q, AYX-N, ATVI-Q, PANW-N, CRWD-Q, YNDX-Q, DLR-N, AMD-Q, ABST-T, NTAR-CSE, DND-T, CSU-T, SPG-N, NCR-N, MU-Q, CNR-N, REGN-Q, MATW-Q, INTC-Q are stocks to buy or sell.
Stockchase Research Editor: Michael O'Reilly Fresh buying by a key investment fund and a re-iterated buy with a $60 price target by another is bringing INTC back into favour. With a PE of only 9x, compared to the sector average of 71x, it is good value now. Another catalyst is the announcement that Dish Network will use their products for their 5G roll out. It pays a good dividend, backed by a 25% payout ratio. We would buy this with a $40 stop-loss, looking to achieve $58 – 24% upside. Yield 2.91% (Analysts’ price target is $57.83)