Why Intel Stock Bounced Back Today
Why Intel Stock Bounced Back Today.
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Intel (NASDAQ: INTC) stock jumped 5.3% through 10:20 a.m. ET Monday. You can thank the friendly analysts at HSBC Bank for that.
This morning, HSBC analyst Frank Lee literally doubled his price target on the semiconductor giant, predicting Intel stock will hit $200 within a year -- and urging investors to buy it.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Intel stock sold off hard at the end of last week, falling nearly 14% from Tuesday's near-all-time high to Thursday's close. But as Lee argues, demand for computer CPUs, both for PCs and to support artificial intelligence inference services (i.e., AI answering questions), is on the rise -- and that's great news for Intel.
Lee's estimating Intel's CPU shipments will rise 30% this year, generating $24.1 billion in revenue, and that this growth will continue into 2027, reaching $33 billion -- about 20% more than anyone else on Wall Street thinks. This is the primary reason he's now coming out with the literal highest price target for Intel of any analyst on Wall Street.
On top of this, Lee sees foundry services (i.e., manufacturing semiconductors for other companies) contributing meaningfully to Intel's revenue haul in the future. He calls the opportunities at Terafab and Apple (NASDAQ: AAPL) -- and potentially Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Nvidia (NASDAQ: NVDA), too -- "too good to ignore now," and predicts Intel will finally start stealing market share away from Taiwan Semiconductor (NYSE: TSM) this year.
Is he right about all this? It's a bit of a gamble, and with Intel stock trading north of 900 times trailing earnings, there's probably more risk in the stock than reward at these prices.
Gauge your risk tolerance carefully before following HSBC's advice on this one, folks.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Intel wasn't one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $418,761 !* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,195,804 !*
That performance is why people listen. With a track record of beating the S&P 500 by 4x , Stock Advisor offers a distinct advantage. Don't miss the latest top 10 list, available with Stock Advisor , and join an investing community built for the long haul.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Apple, Intel, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy .
Why Intel Stock Bounced Back Today was originally published by The Motley Fool
Sinergia Empresarial continuará el seguimiento de esta información sobre why Intel Stock Bounced Back Today y ampliará la cobertura conforme se confirmen nuevos elementos relevantes para el ecosistema empresarial.
