FinkAvenue
One of the more interesting stocks in my portfolio is Intel Corporation (NASDAQ:INTC) right now. But we could call that also a nice way to frame what is true as well: an investment in Intel has been catastrophic in
Has Intel Found Its Bottom Again?
Summary
- Intel reported mediocre first quarter results for fiscal 2024.
- When looking at the new reporting structure, Intel Products - the core business of Intel - actually reported high growth rates.
- Management is holding on to its long-term vision of Intel Foundry generating high revenue and improving margins.
- And the stock is still deeply undervalued.
My analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from large cap to small cap companies).My academic background is in sociology and I hold a Master’s Degree in Sociology (with main emphasis on organizational and economic sociology) and a Bachelor’s Degree in Sociology and History.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of INTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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