INTC Intel Corporation ( NASDAQ:INTC)

[Tetratrader]

È curioso come i fondamentali non contino più praticamente per nessuna azienda quotata in America ( valutazioni da decine/ centinaia di miliardi a fronte di zero utili e tanto debito) ed improvvisamente per Intel, i fondamentali( presunti) contino al punto da portare un azienda solida con utili e dividendi costanti a delle quotazioni ridicole.
Personalmente sono long da 48 e ho mediato a 45...poca roba ma non vedo particolari ribassi ulteriori.
Certo c'è chi preferisce tesla a 1500 di p/e o i camion che vanno solo in discesa di Nikla o altra fuffa condita col nulla tipo Airbnb a 100 mld di cap in lockdown mondiale...a ognuno il suo.
Saluti.

[moorecat]

Intel Had a Rough 2020. Next Year Isn’t Looking Much Better.
By Max A. Cherney
December 26, 2020
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Alexander Koerner/Getty Images
With the year almost over, we’re taking a look at all 30 stocks in the Dow Jones Industrial Average, starting with the worst performers— Boeing and Walgreens Boots Alliance —and working our way up to the highest-flying stock in the benchmark— Apple. The ranking may shift before the close of 2020 trading, but the stories behind the stocks shouldn’t.

Outsize gains for many chip stocks continue to be a theme amid the Covid-19 pandemic, as people turn to products offered by Big Tech to live, learn and communicate. But unlike many of its rivals, Intel (ticker: INTC) has had a lousy year.


Shares of Intel have fallen more than 21% year to date, making it one of the worst-performing stocks in the Dow. The benchmark PHLX Semiconductor Index has notched a roughly 50% gain so far this year.

Intel and other semiconductor makers have benefited in 2020 from demand for chips used in data centers and 5G equipment, along with strong interest in personal computers amid stay-at-home orders. Intel, however, has been punished by investors for a series of problems that are arguably of its own making.

The stock took its first major hit in July, falling about 16% after CEO Bob Swan disclosed that the company was delaying its transition to the next generation 7-nanometer manufacturing technique until late 2022. For years, the investing thesis around Intel revolved around its strength in integrating semiconductors’ design and fabrication under one roof. As Swan has previously told Barron’s, doing so allows Intel to keep margins all to itself.

Without its edge in manufacturing—which arguably has been eroding for years—Intel looks less attractive than rivals such as Advanced Micro Devices (AMD), which relies on the fabrication prowess of Taiwan Semiconductor Manufacturing (TSM).


The company faced a mixed October, when it was praised by Wall Street for selling its flash memory business to Sk Hynix. A few days after the announcement, Intel released its third-quarter results—which failed to assuage investors’ growing concerns about the manufacturing operations.

Perceptions around Intel were hurt when Apple announced new self-designed chips for its Macs, with plans for more reportedly on the way. Microsoft (MSFT) appears to have followed suit, as the company is developing its own chips for its Azure cloud servers and Surface devices, according to Bloomberg News.

Despite the negative sentiment, Intel has told investors it expects 2020 sales of roughly $75 billion—which would be the company’s highest annual revenue in its 52-year history. It’s expected to bank $20.68 billion in generally accepted accounting principles, or GAAP, profit—which is twice what analysts expect Advanced Micro Devices to generate in revenue.


Barron’s has taken a more contrarian view. In November, we wrote positively about the stock, making the case that it looks cheap relative to Intel’s strength, which is bolstered by sales, R&D, profits and other components. Intel plans to give investors more information on its plans to tackle the manufacturing issues as soon as next month.


Wall Street, however, is lukewarm: Of the analysts that cover the company, about 46% have a Hold rating on shares, and a quarter suggest selling it. The average target price is $52.65, which implies an upside of 12%.

[Cangrande2020]

È curioso come i fondamentali non contino più praticamente per nessuna azienda quotata in America ( valutazioni da decine/ centinaia di miliardi a fronte di zero utili e tanto debito) ed improvvisamente per Intel, i fondamentali( presunti) contino al punto da portare un azienda solida con utili e dividendi costanti a delle quotazioni ridicole.
Personalmente sono long da 48 e ho mediato a 45...poca roba ma non vedo particolari ribassi ulteriori.
Certo c'è chi preferisce tesla a 1500 di p/e o i camion che vanno solo in discesa di Nikla o altra fuffa condita col nulla tipo Airbnb a 100 mld di cap in lockdown mondiale...a ognuno il suo.
Saluti.

20 anni fa c'erano dei titoli che quasi non esistono più. Parlo di IBM, GE, GM, F, HON. GS, BOFA, MS, WELL FARGO, e altri che non sono neanche più nelle w.l. del trader nostrano.

Fra 20 anni le FAANG saranno solo un ricordo.

[aldoron]

20 anni fa c'erano dei titoli che quasi non esistono più. Parlo di IBM, GE, GM, F, HON. GS, BOFA, MS, WELL FARGO, e altri che non sono neanche più nelle w.l. del trader nostrano.

Fra 20 anni le FAANG saranno solo un ricordo.

Molto probabile che windows, ios e android non si usino più tra 20 anni. Torneremo al pallottoliere e alla calcolatrice solare.

[moorecat]

Intel Stock Surges as Activist Daniel Loeb Pushes It to Explore Deals
By Carleton English
Updated Dec. 29, 2020 2:51 pm ET / Original Dec. 29, 2020 2:26 pm ET
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Intel’s headquarters in Santa Clara, Calif.
Justin Sullivan/Getty Images
Intel shares caught a bid in Tuesday’s trading after news emerged that activist investor Daniel Loeb of Third Point had acquired a significant stake in the chip maker and was pushing it to explore strategic alternatives.

Shares were up as much as 5.7% in afternoon trading after Reuters reported that Loeb’s hedge fund has a nearly $1 billion stake in the $200 billion company.


Loeb, who recently pushed for Walt Disney (DIS) to focus more on its streaming platform and permanently suspend its dividend, is urging Intel (ticker: INTC) to hire an investment adviser to help the chip maker determine if it should remain an integrated device manufacturer and if it should divest some of its recent acquisitions.

The activist investor added that it was crucial that Intel keep customers like Apple (AAPL), Microsoft (MSFT), and Amazon.com (AMZN) rather than allowing them to send their manufacturing overseas.

Intel has faced much criticism in recent years as its market-leading role has been ceded to such rivals as Advanced Micro Devices (AMD), Nvidia (NVDA), and Taiwan Semiconductor Manufacturing (TSM). Intel’s shares trade at roughly 10 times forward earnings, making it resemble beaten-down stocks like General Electric (GE), rather than its peers, which trade at as much as 50 times earnings.

In a cover story last month, Barron’s detailed how Intel does not deserve its low valuation and that it has better days ahead.


In a statement Tuesday, Intel said that it “welcomes input from all investors regarding enhanced shareholder value” and that it looked forward to engaging with Third Point.

Intel’s decline presents a national security concern, Loeb wrote in a letter to Omar Ishrak, the chairman of the board of Intel.

“Without immediate change at Intel, we fear that America’s access to leading-edge semiconductor supply will erode, forcing the U.S. to rely more heavily on a geopolitically unstable East Asia to power everything from PCs to data centers to critical infrastructure and more,” Loeb wrote.