03-20-2013, 03:33 PM
I'm so torn about INTC these days. Just looking at the metrics, I want to back up the truck. Great dividend yield, very good dividend growth, backed by a safe payout ratio, good p/e ratio, cash in the bank.
The only weak link, of course, and it is a biggie, is that earnings growth has slowed to a halt or even a bit negative. So what story line do you buy? Is the PC dying, and taking this behemoth blue-chip's market with it? Or is INTC going to successfully re-tool and take big market share in low-power chips for mobile in the not-too-distant future?
With the market up so much lately, INTC seems like one of the best large-cap bargains still around. And they say to buy when others are fearful.... Still, I'm not sure I'm ready to pull the trigger. Maybe wait for next earnings?
Any thoughts?
The only weak link, of course, and it is a biggie, is that earnings growth has slowed to a halt or even a bit negative. So what story line do you buy? Is the PC dying, and taking this behemoth blue-chip's market with it? Or is INTC going to successfully re-tool and take big market share in low-power chips for mobile in the not-too-distant future?
With the market up so much lately, INTC seems like one of the best large-cap bargains still around. And they say to buy when others are fearful.... Still, I'm not sure I'm ready to pull the trigger. Maybe wait for next earnings?
Any thoughts?