They bailed out Intel and the stock recovered.
Might do the same.
They bailed out Intel and the stock recovered.
Might do the same.
It takes forever to do anything new in hardware.
This is unfortunately a VERY long game.
The stock price recovered. This is a fact. From 20 to 60.
Cannot be argued.
The business will take time to recover. There is no other way. Either it takes time to recover, or it never does. One year is not remotely enough time to know.
Intel’s revenue is currently worse than 10 years ago, and gross profits are 2/3 of what they were around 2012.
The temporary price hike was caused by a huge temporary jump in relative valuation (probably because the US Gov started subsidizing).
See the historical graphs:
- https://www.macrotrends.net/stocks/charts/INTC/intel/pe-rati...
- https://www.macrotrends.net/stocks/charts/INTC/intel/revenue
- https://www.macrotrends.net/stocks/charts/INTC/intel/gross-p...
Big companies are like big ships. Takes a LONG time to turn.
Game is not over yet.
> They bailed out Intel and the stock recovered.
I don’t think the stock (or the company) has recovered at all. Neither profits nor revenue (see my links above).
But hey, who knows what the future brings.
It closed today above $60.
That's a stock recovery.
I was very specific. I said stock. That's a recovery.
Currently trading at 3-4x historical valuation (20y typical range of forward P/E).
> They bailed out Intel and the stock recovered.
This is not demonstrated. What did the Trump admin "figure out"? Socializing private losses (especially if it's only temporary), is another problem, not a solution.
How to abuse their position to stuff insane amounts of money into their own pockets at the expensive of the American people and get away with it.
Our enemies should be throwing him parades even if he isn't a foreign agent. He's the gift that just keeps on giving.