Why am I bullish on Intel
Briefly, without delving into fundamental analysis of Intel stock, although now the assessment from a historical perspective does not look expensive.
New mobile devices will have such properties, which can already replace laptop functions to a greater extent. New powerful mobile microchips and high-speed wireless standards create a new market.
It seems to me, what will change the perception of Intel as a PC manufacturer( although already changing).
The sharks of the technical business space understand, where it will smell like blood and try to do everything possible to position yourself
I don’t doubt it, that Intel will be the winner in the short term. I see no threat. To produce a low cost microchip from the start, not having such a base as Intel, almost impossible.
Intel's latest corporate reports showed, that they did a great job with being overweight" and can maintain high profitability. It should be noted, that during the hot time Intel was bargaining in the area 30 P/E( Internet boom is not considered). And this can lead the assessment of the company easily into 50 Dollars. But I will be conservative and believe, what 30 dollars is quite a fair price for the next 12-18 Months, provided there are no extraordinary events of the type 6 May. If there are such days 5-6, then…….