Where Will Intel Stock Be in 3 Years?
(NASDAQ: INTC), the world's largest manufacturer of x86 CPUs for PCs and servers, was once considered a reliable blue chip tech stock. It had a wide moat, generated stable profits, and paid out reliable dividends.
But over the past decade, that moat evaporated, its market share shriveled, and its profits plunged. It finally suspended its dividend last year, and it's now being led by its fourth CEO in just seven years. That's why Intel's stock has declined nearly 60% over the past three years.
But could that pullback represent a good buying opportunity for investors who plan to hold it for at least another three years? Let's review its biggest challenges to find out.
Source Fool.com
Intel Corp. Stock
€88.62
-2.360%
Currently there is a rather positive sentiment for Intel Corp. with 46 Buy predictions and 25 Sell predictions.
However, we have a potential of -21.01% for Intel Corp. as the target price of 70 € is below the current price of 88.62 €.
