Shares of fallen semiconductor great Intel (NASDAQ: INTC) have continued to trend lower amid their unprecedented fall from glory. Intel stock continues to act as a falling knife, and it's unclear when it will finally be ready to ricochet. Though I'm unsure if Intel can return to its former glory, I remain neutral on the stock at today's depressed multiples. There's a huge 5% dividend yield that's more than secure. The latest quarterly results were quite abysmal. They fell well short of estimates, with per-share earnings coming in at $0.29, a far cry below the $0.69 consensus estimate.
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Intel (NASDAQ:INTC)
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Intel (NASDAQ:INTC)
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Von Dez 2021 bis Dez 2022 Click Here for more Intel Charts.