Intel Stock as readers know, has been a favorite of mine for years. The recent sell-off in Intel Stock has a lot of investors worried. I have received lots of emails daily asking about Intel Stock and when do I think it might recover.
The question of when Intel Stock might recover above $25 is probably anyone’s guess, but I do think their earnings will have to improve and that could be some time. The selling this morning (Oct 23 2012) shows that earnings in general among the big Dow Stocks has declined and are coming in worse that expected by a lot of investors. They are continuing to sell their stock holdings worried that the stock markets may fall further from here.
But I am pretty excited by Intel Stock and the profits I see ahead. Here’s my latest update on what I see next for Intel Stock and my plans going forward.