Is intel (INTC) going to recover from the recent slide to $19?
I just bought a wackload of shares last week, when it went down 12% in one day, I feel like the market over-reacted as do a lot of experts. I'm willing to hold it for a year, but would like to sell at a target of $22. They are in the middle of improving cost cutting measures and expect growth overseas. AMD just had a nice quarter, that's great for them, but what needs to happen for intel to get out of this out of favor funk? Is there anyone out there who thinks intel is going to tank? Any good reason for it to go further down at all?
Asked By: Lawrence D - 1/20/2008
Best Answer - Chosen by Asker
I'm glad you asked this question! Let me cut to the chase. Intel doesnt need to do anything as a company to get out of this 'funk' as you put it (i like your terminology). The current bear market has taken many great companies with it, including intel. Now, do not set your sell target at $22. This stock will continue... More
Answered By: tonytbag - 1/20/2008
Additional Answers (3)
It isn't Intel's performance that brought it down, its investor fear and uncertainty across the whole market. "When the tide goes out, all ships float lower."
Answered By: newjerseyguy - 1/20/2008
Intel shares will recover. It may take a while...years...months...days, but the company is sound.
Answered By: Clown - 1/20/2008
If it makes you feel better, I bought 2 shares currently in my Zecco account; it is my love for INTC that made me buy it. No, only kidding. The reason why I bought it is because I thought it was an excellent value. There's no love for chips; only the love for money is the reason why I bought a chips stock.
Answered By: Jason Alexanders - 1/20/2008
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
(89) Local Jobs Paying $19-$97 Per Hour- Available Today. Apply Now!
$37-$47/hr Real Work at home Jobs (Requirements: Must Have Computer)
Legitimate Survey for CASH.Extra Money for You.Join Here!
Other Career Questions
What jobs are there in the business field that are night jobs? Places and job titles please. Im have a BA in Business Admin and looking for a night job, already have a morning/day job.
Enumerate these jobs Say, patent application writting. patent application writing. In a company, what jobs are needed to keep confidential?
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.