Intel Corp (INTC) is currently trading at $32.30 per share with a market capitalization of $151.07 billion. The stock paid a dividend of $0.26, with a dividend yield of 3.30% and a price/earnings ratio of 13.73. Intel Corporation (INTC) is one of the world’s premier manufacturers of digital tech platforms, operating through CCG (Client Computing Group), the Internet of Things and the Data Center Group. The stock has a 52-week trading range of $24.87 on the low end and $35.50 on the high end. Intel Corp (INTC) is regarded as a buy since it has several fundamental strengths including a sound financial platform, manageable debt, stable revenue growth, and a decent valuation. The stock’s performance over time has been characterized by weakness over the short-term and strength over the medium-term. The 3-year performance of the stock reflects a 53.72% return, while the 1-year return is 5.79%. The 3-month performance is -3.50% and the year-to-date performance is -5.14%. In terms of earnings per share performance, Intel generated an EPS of 1.94, 3 years ago; an EPS of 2.39, 2 years ago and an EPS of 2.41, 1 year ago.
As you can see from the above chart, all of the short-term indicators with the exception of the 20-day Bollinger Bands point towards Intel being a bullish option. These short-term indicators provide the clearest possible evidence that Intel is riding a wave of positive sentiment. If we extrapolate from the data beginning in 2016 to the present day, the overall picture shows strong buy signals. The year-to-date return may be low at -6.12%, but take a look at the 5-day, 20-day and 50-day averages there is clearly strong growth in Intel Corporation stock.
The stock has enjoyed 4 days of strong gains over the past 5 days. These include 15th March, 16th of March, 17th of March and 18th of March, with gains of 0.70%, 0.13%, 0.92% and 2.19% respectively. On 21st March, the reversal took place and Intel Corporation stock traded 1.04% lower at $32.34 per share. One way to gauge the performance of the stock in a visual sense is to take a look at the technical performance of Intel Corporation stock in 2016. Once you look at it, it is clear that the current sentiment vis-a-vis the stock’s price movements is bullish, and strongly so. On the 11th February 2016, you can see the strong uptrend taking place in Intel Corporation. From a low of $27.68, it rallied as high as $32.69, before pulling back to its current level of $32.34.