5 Top Stocks to Buy in October
October is more than halfway over, but there's still time for investors to snap up some world-class stocks. For those wanting to bet on artificial intelligence (AI), (NASDAQ: INTC) and International Business Machines (NYSE: IBM) fit the bill. For consumer goods stocks that offer long-term potential, Nike (NYSE: NKE) and (NYSE: WMT) are great choices. And for something different, Reddit (NYSE: RDDT) looks interesting for investors with more appetite for risk. Here's why these five stocks are the best of the bunch in October.
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Intel's turnaround is still a work in progress, but a series of deals and developments have pushed the stock up about 90% so far this year. CEO Lip-Bu Tan, who took over in March, has been slashing costs and refocusing the company on its best opportunities. Regaining leadership in the PC and server CPU markets after years of market share losses is an imperative, as is justifying the massive expense associated with Intel's manufacturing efforts by winning external foundry customers.
Source Fool.com
Intel Corp. Stock
Our community is currently low on Intel Corp. with 14 Buy predictions and 19 Sell predictions.
A potential of -28.42%, resulting from comparing the current price of 32.13 € with the target price of 23 € for Intel Corp., shows the chance of incurring significant losses.
