$Intel(INTC)$ A reminder of why Intel might reach around $300 a share this year.
I think the company's quarterly EPS could hit $1 per share sometime in Q2 or Q3. That would put the annual run rate at around $4. Then, applying a growth multiple in the 70-80x range could suggest a share price between $280 and $320, roughly a $1.5 trillion valuation.
To me, Intel is a unique play: a turnaround story, tied to national security, and an AI capacity hedge. It's in a class of its own and shouldn't be compared directly to $Micron Technology(MU)$ or SNDK.
If you aren't positioned to wait for that potential $1 quarterly EPS milestone, you might be looking at it the wrong way.
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