Intel (INTC) 52-Week High

[EricL]

(07-18-2014, 09:44 AM)ChadR Wrote: Didn't sell INTC. Though it's only 2% of my portfolio. Hasn't cut dividends yet so it didn't meet one of my criteria for selling. Kermin you're right. Holding long term means riding out periods like this. Glad I had the fortitude to do it with this one. Though it might have been a lot harder if it was 10% of my portfolio instead of just 2%.

I sold Intel last July and used the proceeds to buy IBM.

Intel is now up about 47% since I sold, while I am currently up 0.4% on IBM.

Intel still hasn't raised their dividend, while IBM raised theirs by 16% in April.

Short term it was a terrible trade. Long term is still to be decided...