Forbes looked at the sentiment around Intel and analyst expectations. The expectations are so low and the negativity so pervasive that it is hard to imagine any negative that is not already baked into the stock. I will have to look at the list of 83 stocks that are rated lower than Intel.
The silence of the analysts following the Intel earnings is interesting. Romit Shah usually publishes his SELL Intel reiterate several times around events. He was silent.
clip from Forbes .... contribution from Dividend Channel
See How Intel Ranks Among Analysts' Top Dow 30 Picks
A study of analyst recommendations at the major brokerages shows that Intel Corp (NASD: INTC) is the #28 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Within the broader S&P 500, when components were ranked in terms of analyst favorites, INTC claims the #417 spot.
In forming this rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components were ranked according to those averages. Investors often interpret analyst opinions from different angles — when companies have a low rank among analysts, it isn’t necessarily the case that investors should conclude that the stock will perform poorly. It can, of course, but a bullish investor could also take the contrarian angle and read into the data that there is lots of room for upside because the stock is so out of favor.
Either way, I'm in for 1/4 my trading account till $22 any way... but I really do believe that we can reach $25 in the next couple months and kiss $30 at some point this year... My original plan was to hold till $25, but I get nervous after I shafted myself for a $4000 loss on INTC just before the 1st of the year, figuring that they wouldn't work out a deal in D.C., but they did and I found out I was dumb,... this time, I'm going to hold and collect the Divy... if we actually get to $20 or below, I'll go 1/2 in... till one or the other, I'm just on HOLD...