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Intel Corporation (INTC) [hlAlert]

Rating:
Buy INTC
up 42.88 %

Barron's picks 10 stocks as good dividend bets

Posted on: Monday,  Feb 15, 2010  9:53 PM ET by Barron's picks 10 stocks as good dividend bets

Barron's picks 10 stocks as good dividend bets rated Buy Intel Corporation (NASDAQ: INTC) on 11/22/2009, when the stock price was
$19.40. Since then, Intel Corporation has gained 42.89% as of 01/15/2016's recent price of $27.72.
If you would have followed this Barron's picks 10 stocks as good dividend bets's recommendation on INTC, you would have gained 42.88% of your investment in 2245 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.

Barron's Nov 23 edition cited Banco Santander's relative financial strength in a troubled industry as well as its geographic diversity and a 10-year return rate of 9.2 percent, annualized through Oct 30 2009. It also picked Nestle, the world's largest food processor, citing its product diversity and geographic reach in developed and emerging markets. Barron's also pointed to the company's $100 billion in annual sales and its ability to keep gaining market share in many of its markets.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/22/2009 4:00 PM Buy
None
19.40
as of 12/31/2009
1 Week up  2.41 %
1 Month up  8.43 %
3 Months up  7.31 %
1 YTD up  7.31 %

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