Intel Corporation
(Ticker: INTC) has been in the news lately, and most of the news was bad. The
worst news is such as process delays or perceived threats to Intel's business
model. In 2020, the stock dropped by 17%, whiled the Nasdaq 100 and S&P 500
indices rose by 15% and 45%, respectively. Shares of Advanced Micro Devices
(Ticker: AMD) and Nvidia (Ticker: NVDA), Intel's biggest rivals, rose by 90%
and 120%, respectively. Many Wall Street analysts have written how Intel is no
longer a viable investment.
I have seen Intel's stock price dropped significantly, which has
made me curious about the company. I decided to do my research on Intel and
discover that it is an excellent opportunity for value and dividend investors
to purchase the stock when undervalued.
I believe that, overall, the market is too bearish on Intel for
now and that the company's shares offer considerable upside potential over the
coming years, mainly thanks to a very low valuation. Intel also has access to
very low-cost debt thanks to a strong balance sheet. In this article, I will write about what's happening with Intel
stock and why it is an excellent stock to purchase for a long-term investment. The stock
fundamental is very attractive, which has led me to want to invest when I have
extra spare cash in my portfolio account.
