Intel is a definite buy, on the surface and by the numbers. They have great ads, and fanastic products. They are in/attached to/added to more than half the computers our there today!
Positive profit margins
Cash on hand (2.08/share)
Next to no debt!
Earnings are coming up and I am betting on a surprise to the upside...
Estimates now sit around 0.27/share, but I be we end up closer to 0.31-0.32/share. Discretionary spending is up, college students back at school (new laptops and desktops).
Overall, I think it's going to be a good stock to own over the next couple weeks and beyond.
Happy investing!
Tuesday, October 6, 2009
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