My Opinion on Intel Corp

Intel Stock has been in the doldrums for a while. I figured 19$ was a bottom and acquired some INTC making it my third largest holding. Now it is sitting just over 17$, however I am hanging on to it. Average Analyst expectation according to Yahoo Finance is $23.81. My expectation is higher. With a Forward P/E of 13-14 (depending what site you look at), the stock looks like a good buy. Advanced Micro Devices Inc. (AMD) has a forward P/E of 12-13 (trailing P/E over 30) so it is expected to show explosive growth. AMD touched a 52 week high of 42.70 and is now down to 25. I would say AMD is a good buy too. Analyst Price Target: 38.74.

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