Old-school is new-school when it comes to the technology sector lately, as some names from the past have re-emerged. While many investors thought the “four horsemen” tech stocks were dead, the old guard of Microsoft (MSFT), Intel (INTC), Cisco (CSCO) and Dell (now privately held) are scoring returns again. Of the three original horsemen, one — INTC — continues to flash bullish signals from a contrarian perspective.
The semiconductor giant remains one of the kingpins of Silicon Valley. INTC currently owns about 15% of the semiconductor market, not insignificant by any measure. In addition, Intel’s last earnings report identified plans to increase capital spending for growth as their share of the data center and tablet market are expanding. The combination of pessimistic sentiment on a stock that is as technically and fundamentally strong, like INTC, meets the smart contrarian’s profile for a bullish trading opportunity. For now, we see Intel stock outperforming the market with a short-term target of $30, followed by a year-end target of $35 or higher.
Source: InvestorPlace
Related Articles:
- 12 High-Yield Managed Distribution Policy Funds
- The 2013 Elite Dividend Stocks List
- 6 High-Yield Dividend Achievers With 25 Years of Increases
- Investments That Pay Monthly Dividends
- 12 Higher Yielding Stocks With A Low Dividend Payout Ratio
________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
A good dividend stock has more than a high yield. Dividends need to be supported by cash flow, and cash flow depends on the long-term streng...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
-
BDCs can be excellent investment options for those seeking high returns, particularly when acquired at favorable valuations and supported by...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.