09-07-2013, 05:23 PM
I also dumped my INTC shares a few months ago. I always look at companies that will be able to increase it dividend over the next 10 years and I don't think INTC could do that 10 years from now. Actually, I have no clue what INTC will do in 10 years and if their business model will still be good.
It's a great company but in a fading industry. Since they are still not able to take a leader's place in the mobile industry, I fear INTC margins will get hurt later on. This year, I've sold INTC and STX (Seagate Technology) for the same reason. I've decided to invest in WMT and MCD instead :-)
It's a great company but in a fading industry. Since they are still not able to take a leader's place in the mobile industry, I fear INTC margins will get hurt later on. This year, I've sold INTC and STX (Seagate Technology) for the same reason. I've decided to invest in WMT and MCD instead :-)