Better Buy: Intel Corp. vs. NVIDIA
So far, shareholders of chipmakers Intel (NASDAQ: INTC) and NVIDIA (NASDAQ: NVDA) have been experiencing very different 2017s. NVIDIA's successful forays into cutting-edge markets such as the Internet of Things (IoT), artificial intelligence (AI), and cloud-based data centers, have pushed its stock price up 68% this year.
Owners of Intel stock haven't enjoyed 2017 as much; its stock is up just 2.5% year to date, underperforming the broader market. Yet Intel during that time has also put together back-to-back record-breaking quarters as it transforms itself into a data-center-first chip developer, and it, too, is entering the IoT, AI, and drone markets. So which is the better buy today: the high-flying NVIDIA or undervalued Intel?
Image source: Getty Images.
Source: Fool.com
Intel Corp. Stock
Our community is currently high on Intel Corp. with 27 Buy predictions and 13 Sell predictions.
With a target price of 40 € there is a positive potential of 43.19% for Intel Corp. compared to the current price of 27.94 €.
