The big-picture risks for Intel's (INTC) stock are clear — as they are for all PC-focused businesses, from other semiconductor plays like Advanced Micro Devices AMD -2.36% to laptop giant Dell DELL 0.00% , which have both been gutted in 2012. Simply put, in a post-PC age as mobile computing becomes the way of the world, how will these companies adapt and find growth?
So again, am I crazy to buy Intel? Typically, stocks that set 52-week lows seem to keep setting new lows in the months ahead. But I feel like the bullish case for Intel stock is enough to give it the benefit of the doubt. It's not like the company hasn't started adapting — with the layoff of more than 5,000 in 2009 and the McAfee buyout in 2010 , the company is adjusting.
Source: MarketWatch
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