I read some punk analyst stating Intel is "old school" and there are lots of "new school" tech companies, and he even included Apple which as we all know is cool, rad, dope, etc and I just laughed. I would have laughed up my sleeve but it's already full of chortles and guffaws. Intel according to the charts is a SCREAMING BUY, and just for fun you can quote me, I'll be back on this board in exactly 180 days, and we will see if Intel has made a sizeable upswing including crossing the 50, 100, and 200 day moving averages which are the 3 metrics that I pay attention to the most. Reasoning: regardless of the markets (I'm basically a long-term i.e. 1 year-to-infinity holder) when a stock still has fundamentals, and the economy is relatively in good condition (which is not the case now, oh boy) a company's management still has to answer to shareholders and the Board of Directors, and still has to earn enough money to pay a dividend. IF, and that's a big IF, Intel cuts their dividend (which any company can decide to do at any time) then that may or may not portend a lower stock price, because occasionally the street looks at a dividend cut as Good Management Style and means the company is taking measures to stay in business. I just purchased a new computer and it, just like the other 4 computers I've owned in my lifetime, still says "Intel Inside" and Core15, in fact I think it has 2 CPUs inside. Whatever. I wish I had written down the name of the analyst who is pejoratively referring to Intel as "old school". I'm long at an average price of $21.48 and am happy to have Intel in my portfolio primarily because of the 90 cent dividend and the current 4.6% yield, not to mention a P/E of 8.66.
If you can find another tech stock with those metrics and is as a stable as Intel, good luck with it. I feel comfortable holding it and have no intention of selling any time soon.