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
39,97 €
1,68 %
Keine klare Tendenz: Bei Intel Corp. halten sich Buy- und Sell-Einschätzungen die Waage.
Obwohl das Kursziel von 29 € für Intel Corp. niedriger als 39.97 € ist, ergibt sich ein negatives Potenzial von -27.44%.
