Intel -- Bargain or Doomed?

[hendi_alex]

I sold INTC in my daughter's account and replaced with CSCO shares. Cisco has aggressively increased the dividend over its three year payout history. The company has modest debt and almost $10 per share in cash. The yield is 3% with a 33% pay out ratio. Unlike INTC which is struggling in a somewhat mature market, Cisco is being fueled by the massive move to cloud computing. IMO Cisco remains a growth stock as well as being a new comer to the DG scene.

In my account all of the INTC is a covered call play, but the CSCO is in place as a longer term position.