Intel's Streak Officially Dead

[The Dividend Guy]

I sold INTC last year when I realized the company wasn't going anywhere in term of long term growth. They don't increase their dividend payouts because they can't sustain increasing their payment over time. INTC has to concentrate on switching their business model (leaving the PC as core business to tablets or cloud computing). This switch is not without risks.

There are too many great companies to keep INTC in my portfolio. I'm happy I sold it last year and bought something else. INTC looks more like a value trap than anything else for me. If you keep it, wish it will successfully switch their business model.