Smartest analyst on CNBC. Said we're going way higher past $30. could be the reason for the big pop AHs.
Cnbc con man pump and dump, cnbc has the best con men and crooks
That's what I was thinking too.
I'll take it.
My long term outlook is to see Intel trade in the $30's this year.
Trade in the $40's in 2013.
Trade in the $50's in 2014.
Trade in the $60's in 2015.
And just in case there are any doubters out there.
I would not discount this strong possibility with Intel regarding earnings growth.
With emerging markets increasing affordability rates of PCs,
huge market share in smartphones, and at least a 15% growth rate in servers as Intel planned, Intel's 2015 revenue will reach around $105 Billion. This will translate into about $5.50 EPS.
With about 4.75 Billion shares outstanding.
With the Berkshire Hathaway support (ie 10% ownership of Intel stock), Intel will command a PE of about 14.
With that optimistic yet possible outlook, we are looking at a stock price in the $70's. So the $60's are very much possible by 2015.
You are way too low in your predictions.
40 this year
80 end of next year.
Split in 2014 late.
given what's going on with Intel's product lineups, it is crazy to bet Intc down... I think the most prudent move is stay put... long may be the winner in the end... APPLE has reached its peak IMO.
2 million shares traded.