Could Intel Become the Next Nvidia?
Intel (NASDAQ: INTC) hasn't been the world's greatest stock to own. Over the past decade, Intel's total return (which includes dividend payments) was about 140%. While that may not seem terrible, the Nasdaq-100's total return is about 465% over that same time frame.
That's significant underperformance, and it occurred because Intel has fallen behind on technology. However, Intel may be able to turn it around thanks to a new machine it bought.
So, if Intel can return to the top, could it become the next Nvidia and skyrocket higher? Let's find out.
Source Fool.com
Intel Corp. Stock
€85.38
-2.380%
Our community is currently high on Intel Corp. with 46 Buy predictions and 24 Sell predictions.
On the other hand, the target price of 70 € is below the current price of 85.38 € for Intel Corp., so the potential is actually -18.01%.
