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Intel Corporation (INTC) [hlAlert]

Rating:
Buy INTC
up 31.37 %

Intel Corporation (INTC) rated Buy with price target $18 by Wedbush Morgan

Posted on: Wednesday,  Apr 15, 2009  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Buy Intel Corporation (NASDAQ: INTC) on 04/15/2009. Previously Wedbush Morgan rated Buy Intel Corporation (NASDAQ: INTC) on 04/09/2008.,
when the stock price was $21.10. Since then, Intel Corporation has gained 31.37% as of 01/15/2016's recent price of $27.72.
If you would have followed the previous Wedbush Morgan's recommendation on INTC, you would have gained 31.37% of your investment in 2837 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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/15/2009 9:25 AM Buy
None
15.62 18.00
as of 12/31/2009
1 Week up  2.41 %
1 Month up  8.43 %
3 Months up  6.38 %
1 YTD up  42.01 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/8/2009 9:25 AM Buy
None
15.43 17.00
11/13/2008 9:25 AM Buy
None
13.19 16.00
4/16/2008 10:25 AM Buy
None
22.18 26.00
4/9/2008 9:25 AM Buy
None
21.10 25.00

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