INTC
🎯 Buying Intel below $20 is presented as an interesting trading opportunity, rather than a long-term investment at current levels.
📈 The potential trade involves buying below $20 and selling above $21-$22 for a quick 5-10% gain, capitalizing on price fluctuations.
🚀 A significant catalyst for a larger price move (e.g., to $25) could be the announcement of a major asset sale, potentially initiating a turnaround story similar to V.F. Corp (VFC).
@bernardodegarcia:
“How do you see Intel? I see a very good price. Below $20. Totally, below $20 I like it. I’m going to keep it, but I’m increasing positions. Do you think I’m doing well with Intel? David, I think Intel is very interesting, especially when it comes to buying it below $20. I see it as a trade: buy it below $20 and then sell it, well, above $21, $22. You know, you make a quick 5 or 10%, and then it falls again. And honestly, one of these times, it’s going to announce the sale of a very important asset, and the shares are going to shoot up to $25 or whatever, and that’s where the magic can begin, like a VFC, okay? Like a turnaround story. But it doesn’t seem very risky to me, Intel right now, especially, as I say, below $20, below $18.”
Watch the exact part of the video where @bernardodegarcia talks about Intel here:
Watch the video on YouTube
Read more articles analyzing Intel (INTC) at the provided link. INTC stock.
