Has Intel's Stock Peaked?
Intel (NASDAQ: INTC) has been a scorching-hot stock over the past 12 months, as it has more than doubled in value during that stretch. In January, the stock hit a 52-week high of $54.60, but it's now down about 18% from that level.
Growth investors have become increasingly bullish on Intel as a result of its foundry business and the hope for tremendous opportunities ahead due to artificial intelligence (AI). But with so much optimism effectively priced into the tech stock these days, did it already reach a peak in January, or can this still be a good buy right now?
Image source: Getty Images.
Source Fool.com
Intel Corp. Aktie
80,04 €
2,37 %
Leichtes Buy-Übergewicht bei Intel Corp. mit 47 Buy- gegenüber 24 Sell-Einschätzungen.
Ein unerwartetes negatives Potenzial von -7.55% für Intel Corp., trotz eines niedrigeren Kursziels von 74 € als der aktuelle Kurs von 80.04 €.
