Why Intel Stock Was Soaring This Week
Shares of Intel (NASDAQ: INTC) were on the move this week, on a number of different news items as investors seemed to spy opportunity in the beaten-down legacy chipmaker.
While the company has mostly played the role of the aging laggard in the artificial intelligence (AI) boom, this week's developments were a reminder that the stock has a number of assets that are arguably undervalued.
According to data from S&P Global Market Intelligence, the stock was up 26% for the week as of Thursday's close.
Source Fool.com
Intel Corp. Stock
€38.13
-17.650%
Currently there is a rather negative sentiment for Intel Corp. with 18 Buy predictions and 21 Sell predictions..
This results in a negative potential of -34.43% based on a current price of 38.13 € and a target price of 25 € for the stock.
