$INTC TOP 20
Added 2024-06-09 16:13:03 +0000 UTC$INTC is fundamentally falling into an undervalued position now, with their FWD PE at 15, with healthy margins and strong growth over the next 5 years.
Right now I am not considering a position even for a relief bounce and would much prefer to add to $AMD instead but if $INTC continues to pull back to the blue line at $24, or even lower into the Buy Zone, I feel this is an opportunity I could not ignore.
They have spent the last few years building factories to expand and they are in the right market for growth now, they need to convince the market now that their chips can complete with $NVDA.
Comments
Any chance for long projection on INTC for the next 5 years?
Daniel
2024-06-09 21:27:21 +0000 UTC
