Intel Corporation (NASDAQ: INTC) is highlighted as one of the best high volume stocks to buy right now, with Bank of America raising its price target to $40 from $34 on December 16. Despite manufacturing uncertainties, BofA sees potential for Intel Foundry in advanced packaging. On December 3, Intel announced it will retain its Networking and Communications unit/NEX after considering divestiture. CFO Dave Zinsner credits improved financial position to capital injections, including $8.9 billion from the US government. Intel’s roadmap for margin recovery and market share growth includes a $5 billion partnership with Nvidia for a custom Xeon processor.
Read more at Yahoo Finance: BofA Sees Advanced Packaging Potential for Intel Foundry (INTC) Despite Manufacturing Headwinds
