Intel: Here Are 2 Reasons To Buy Ahead Of Next Earnings Call
Summary
- I'm bullish on Intel due to Lip-Bu Tan's aggressive restructuring and renewed focus on chip production and engineering fundamentals.
- Intel's new AI-focused GPUs and the fast Core 9 270H mobile CPU position the company to compete directly with Nvidia, especially on price.
- Despite a recent lackluster Q1, lowered guidance sets Intel up for a potential positive surprise next quarter as Tan's changes gain traction.
- Intel remains undervalued, with strong fundamentals, and I see the next earnings as a key catalyst for a breakout; patience is warranted.
- I hereon share my sentiment on INTC stock and why I see more upside ahead in the long term.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.