Intel Stock Hasn’t Been This Cheap in 10 Years. Is It a Buy?

From Nasdaq: 2024-11-09 03:20:00

Intel (NASDAQ: INTC) stock has seen a rollercoaster of returns, with a recent 54% plunge in 2024. Despite its dominant position in the CPU market, Intel is losing ground to AMD in both data center and PC segments. Analysts believe Intel is fairly valued and may continue to disappoint investors.

Wall Street expects Intel to improve profitability in 2025, but the stock’s price-to-earnings ratio is slightly higher than the S&P 500 average. With only a 5% annualized growth rate projected, Intel faces challenges from AMD’s innovative chips. Investors should wait for market share stabilization before considering Intel stock.

Experts are issuing “Double Down” alerts for potential investment opportunities in companies like Amazon, Apple, and Netflix. These alerts have historically led to significant returns for investors who acted at the right time. Now could be a prime opportunity to capitalize on these recommendations for future growth.



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