chipzzy
07-17

$Intel(INTC)$ 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment