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Enter Symbol:
 
Intel Corporation (INTC) [hlAlert]

Rating:
Outperform
INTC
up 45.89 %

Intel Corporation (INTC) rated Outperform with price target $30 by Oppenheimer

Posted on: Wednesday,  Apr 14, 2010  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Intel Corporation (NASDAQ: INTC) on 04/14/2010. Previously Oppenheimer rated Outperform Intel Corporation (NASDAQ: INTC) on 10/02/2009., when
the stock price was $19.00. Since then, Intel Corporation has gained 45.89% as of 01/15/2016's recent price of $27.72.
If you would have followed the previous Oppenheimer's recommendation on INTC, you would have gained 45.89% of your investment in 2296 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/14/2010 8:25 AM Buy
None
23.55 30.00
as of 12/31/2010
1 Week down  -0.09 %
1 Month down  -1.60 %
3 Months up  8.43 %
1 YTD up  2.05 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/2/2009 8:25 AM Buy
None
19.00 28.00

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