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Enter Symbol:
Intel Corporation (INTC) [hlAlert]

up 25.20 %

Intel Corporation (INTC) upgraded to Buy with price target $28 by Argus

Posted on: Friday,  Aug 30, 2013  8:25 AM ET by Argus

Argus rated Buy Intel Corporation (NASDAQ: INTC) on 08/30/2013, when the stock price was $22.14. Since
then, Intel Corporation has gained 25.20% as of 01/15/2016's recent price of $27.72.
If you would have followed this Argus's recommendation on INTC, you would have gained 25.2% of your investment in 868 days.

Intel Corporation is a semiconductor chip maker. The Company is engaged in developing advanced integrated digital technology products, primarily integrated circuits, for industries, such as computing and communications. Its primary component-level products include microprocessors, chipsets, motherboards, wired and wireless connectivity. The Company offers products at various levels of integration, allowing its customers the capability to create computing and communications systems. As of December 27, 2008, the Company was mainly organized in two segments: Digital Enterprise Group (DEG) and Mobility Group (MG). During the fiscal year ended December 27, 2008 (fiscal 2008), the Company completed the divestiture of its NOR flash memory business. In July 2009, Intel Corporation completed the acquisition of Wind River Systems, Inc.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/30/2013 8:25 AM Buy
22.14 28.00
as of 12/13/2013
1 Week down  -2.13 %
1 Month down  -1.26 %
3 Months up  3.62 %
1 YTD up  14.75 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/11/2013 2:25 PM Hold
11/23/2012 8:25 AM Buy
19.56 25.00
7/16/2009 8:25 AM Buy
18.03 20.00
1/8/2009 8:25 AM Hold

(*) Stock Price at the time of the recommendation.
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