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Chip giant Intel develops advanced integrated digital technology platforms and components for the computing and communications industries.
Balance sheet fundamentals, dividend, market share, and progress in the mobile arena make this a soldid core holding and a very good value at this price. I would expect dividends to continue to increase even if growth remains slow. I also believe, based on recent reports, that INTC mobile chips are more competitive that many seem to believe and likely to gain market share, particularly with the Window 8 mobile product coming out. Target price of $26-$30 is achievable in 1 year (in addition to the 4% divvy).
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