Intel Stock Popped This Morning and Is Still Going Up: Is It a Buy?
The good news for (NASDAQ: INTC) investors just keeps getting better.
Earlier today, I pointed out how an upgrade to "buy" from Japanese investment bank Mizuho Co. sent Intel stock up a few percentage points in morning trading. And now, as we round noon and enter the midday market, Intel just keeps going higher.
As of 1 p.m. ET, shares of the once-upon-a-time leading semiconductor stock (which has fallen on hard times these last couple of years) are up 5.7% and apparently heading toward a 6% gain. The question for investors now is this: Does Intel really deserve to be going up so much?
Source Fool.com
Intel Corp. Stock
€27.99
0.360%
Currently there is a rather positive sentiment for Intel Corp. with 27 Buy predictions and 13 Sell predictions.
As a result the target price of 40 € shows a positive potential of 42.93% compared to the current price of 27.99 € for Intel Corp..
