With tech stock P/E valuations going in to triple digits (Looking at you TSLA). How can company like Intel be so hated and overlooked here? It's undervalued both fundamentally and technically. Sure the company is going trough a bit of a rough patch, but c'mon P/E at 10 for a triple A tech company. I mean It's as simple as it gets, buy LOW sell HIGH. And this is as LOW as it goes.
Intel is one of the most profitable companies in the world.
I mean even if they are going through a rough patch, they have a lot of money to turn this around.
Let's put this way, Intel has enough money to buy all AMD engineers and management.
I did talk to some internal engineers about the technology, they are going through a bit of rough moment, but I am also betting this will turn around.
At the end of the day, the fundamental is great, but now-a-days it seems that fundamentals don't mean anything when investing..
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@thetimeswehave, This stock will be forgotten until it won't. But once people remember it, it's all hands on deck.
I mean even if they are going through a rough patch, they have a lot of money to turn this around.
Let's put this way, Intel has enough money to buy all AMD engineers and management.
I did talk to some internal engineers about the technology, they are going through a bit of rough moment, but I am also betting this will turn around.
At the end of the day, the fundamental is great, but now-a-days it seems that fundamentals don't mean anything when investing..