Where Will Intel Stock Be in 5 Years?
Shares of chip giant (NASDAQ: INTC) have been stuck in the doldrums for the past few years. The company has been losing market share to rival AMD, and its multi-year plan to become one of the world's largest foundries is still in its early stages and has yet to pay off financially. Throw in a deep downturn in the PC market that wrecked the company's profit, and it's not surprising that Intel stock has taken a beating.
While it may seem tough to be optimistic about Intel's prospects, the company has the potential to look very different five years from now.
There are two things that investors need to know about Intel as it navigates a changing semiconductor industry over the next five years.
Source Fool.com
Intel Corp. Stock
€90.23
1.820%
Our community is currently high on Intel Corp. with 47 Buy predictions and 25 Sell predictions.
On the other hand, the target price of 72 € is below the current price of 90.23 € for Intel Corp., so the potential is actually -20.2%.
