No Apple deal means no upside. And it seems stock price has been help up due to stock repurchase. Comments?
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?