Intel Corp (NASDAQ:INTC)
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Chip giant Intel develops advanced integrated digital technology platforms and components for the computing and communications industries.
Chip giant Intel develops advanced integrated digital technology platforms and components for the computing and communications industries.
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Recs
A basic cyclical play that still has legs to go awhile. Consumers and Asian growth are driving current sales, but eventually corporations will have to go through a hardware upgrade cycle before their servers start crashing due to electronic failures. And then there's Windows 7, plus the fact that AMD is no longer performance competitive at any level of the market. Look for market share gains plus incremental growth at least through April/May 2010. If we manage to avoid a double dip recession in 1H 2010, it'll just keep going at least until the fed starts raising interest rates.
Look at it this way: even at the current price, you're earning a 2.7% dividend yield on a solid cyclical stock that's still on the upswing of the cycle.
Look to see Intel make a huge push into the Mobile Chip market in the coming 5 years. More so than there current atom processor.
They are a blue chip for good reason - Asian growth is a long term trend. The huge government expansion coming down the pike means lots more computers as well. Buy Intel through the DRIP first share and every share for minimal cost - long term dollar cost averaging is THE trick in my book. Intel should be a core information tech holding in any long term portfolio IMO