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Enter Symbol:
 
Intel Corporation (INTC) [hlAlert]

Rating:
Mkt Perform
INTC
down 20.55 %

Intel Corporation (INTC) downgraded to Mkt Perform by Charter Equity

Posted on: Thursday,  Jan 17, 2008  8:25 AM ET by Charter Equity

Charter Equity rated Mkt Perform Intel Corporation (NASDAQ: INTC) on 01/17/2008. Previously Charter Equity rated Buy Intel Corporation (NASDAQ: INTC) on
07/19/2007., when the stock price was $25.20. Since then, Intel Corporation has lost 20.56% as of 01/17/2008's recent price of $20.02.
If you would have followed the previous Charter Equity's recommendation on INTC, you would have lost 20.55% of your investment in 182 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.

Charter Equity Research is an independent equity research firm focusing on the wireless/telecom industry. We provide an in-depth, vertical coverage of the wireless industry which include services, equipment and semiconductor companies. The basis of our recommendations comes from our industry background, financial expertise and our access to a network of public and private company contacts in the wireless industry. We provide exclusive, insightful and qualitative analyses on the companies we cover with a perspective of the entire wireless foodchain which gives our clients the appropriate context needed to make accurate and timely investment decisions.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/19/2011 10:25 AM Buy
None
24.44
as of 12/24/2008
1 Week up  0.12 %
1 Month up  3.71 %
3 Months up  19.05 %
1 YTD up  6.54 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/30/2010 8:25 AM Hold
None
18.23
1/17/2008 8:25 AM Hold
None
20.02
7/19/2007 9:25 AM Buy
None
25.20

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