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3 Key Reasons We're Bullish On Intel's Turnaround [Seeking Alpha]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
PropNotes 5.43K Follower s Follow Play 11min Summary Intel has been through the ringer, but we see signs of life. Significant cost cuts should give the company breathing room to reinvest into the segments that are working, and Foundry margins should improve as the unit matures. While there are serious risks when it comes to competition and execution, we think the stock, at less than 2x FWD sales, appears interesting. We're initiating coverage of INTC with a 'Buy' rating. JHVEPhoto/iStock Editorial via Getty Images Boy oh boy, what a rough few years Intel NASDAQ: INTC ) has had. Once a mainstay of the global semiconductor industry, the company has recently faced significant challenges from competition in core markets, alongside a shifting tech landscape This article was written by PropNotes 5.43K Follower s Follow At PropNotes, we focus on finding high-yield investment opportunities for individual investors.With our background in professional Prop Tra
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