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Intel is cheap, bottom line. If the stock market doesn't crash, expect it to recover into 30s.
"recover into 30s"
INTC has not gone into the 30s for over 5 years. It's PE will always be around 9-11. Unless they grow their earnings to $3/yr, the 30s won't be happening. Do you think INTC can grow earnings to $3/year? how?