Intel is a great company but it's stock performance has been a huge disappointment.It has turned into a dividend play. At the same time a mini "Doc Com" is taking place right under our noses.
Smart phone apps and tablet computers (eg IPads) are hugely popular and there is much more to come. Think of the market in China alone could bring 100 million users. So why continue to hold the Intels and Ciscos and Microsofts. The new winners are ALTR, BRCM, ATML and OVTI. These companies have positioned themselves well and there is much more upside.
While INTC is up a whopping 7 pennies on a big up day so far, OVTI, ATML, BRCM and ALTR are kicking @ss. What will it take to get you INTC worshippers out of a dead stock and into a momentum play?
Both hit new 52 week highs today while INTC jump one penny. The futures are green right now and if the market opens up green and stays even marginally green these two stocks will continue to rocket. It's too too bad you continue to hold this stock when there is fast money to be made on other momentum plays.
"The only thing Cramer forgot to mention is that the animal spirit isn't happening with INTC. It done died and gave up the ghost."
Yeah, that's why it's moved up by 23 percent in three months, short boy.
A lucy by any other name is still a lucy...
Just because INTC is out of favor does not mean that it is a bad investment. In fact it usually means the opposite. Intel has a 3+ percent dividend while we sit here and wait. I would rather pay around 11 times earnings, with the idea that EPS could double in five years, than overpay for a company like ARM. Intel has consistently cranked out a better product, consistently made money, etc. If they do double their earnings in five years, you could be looking at an $80 stock by then. It sounds ludicrous, but 20x $4 in earnings per share is what they have said they wanted to do, and that is not unreasonable.
-semiconductor growth boomed quite some time ago, neither the SMH nor INTC has come close to the prices reached years ago, this despite the fact that the SMH has more than dbled off it's March 09 lows.- A completely ludicrious statement,
semiconductor growth is setup to BOOM for Yrs to come.
"Looking at past performance couldn't be any more meaningless. There are NO parallels to what is happening in technology now."
An absurd statement.
semiconductor growth boomed quite some time ago, neither the SMH nor INTC has come close to the prices reached years ago, this despite the fact that the SMH has more than dbled off it's March 09 lows.
and add in the huge overhyped build up into the height of the 2000 year bubble.