Intel Corporations stock has continued to fall, losing $6 in value since just after Donald Trump became President Elect Donald Trump.
Source: https://www.cnbc.com/quotes/INTC?qsearchterm=
There’s just so little point to investing in Intel right now and everyone knows it. Intel isn’t going anywhere but down seemingly… even if you think long term INTC is a good investment, you can literally put your money in a high yield savings account or into another stock for a short term gain and then circle back around to Intel when it actually has it’s crap together.
If Intel doesn’t nail 18a INTC could be a single digits stock. It doesn’t sound like they’re going to mess 18a up but there still could be bumps in the road.
There is the potential for upside with a new CEO, but that upside is probably limited.
And ultimately there are probably more cost cuts coming at Intel. Which isn’t a particularly good sign.
So yeah, a mixed bag for Intel.
Good luck Intel investors.
This is not financial advice. If you need financial advice see a financial advisor.