A Choppy Ride for Intel Stock
So far into 2018, the stock market seemed to have a hard
time putting a price tag on Intel Corporation (NASDAQ:INTC). The company
started the year trading at $46.85 apiece, then went to as high as $57.03 in
June, marking in 21.7% surge, before paring most of those gains in the last two
months.
Where does that leave us? Well, as of this writing, Intel
shares trade at $47.75 apiece, meaning that INTC stock returned just 1.9%
year-to-date. To put it in perspective, the S&P 500 Index went up 7.2%.
That seems a bit disappointing. But before you cross Intel
stock off your list, I want to show you three reasons why the company may still
deserve a spot in an investor’s portfolio.
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