I was recently underwater on my latest investment in Intel (NASDAQ:INTC). But rather than sell my shares of INTC stock, I doubled down.
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While I love my shares in Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor (NYSE:TSM), I refuse to believe the conventional wisdom that Intel is a dead parrot.
This is a chip company selling at less than 12 times earnings. It pays a dividend yielding 2.6%. It just reported quarterly earnings of $5.1 billion, or $1.24 per share, on revenue of $19.6 billion. That’s more than 20 cents of....More>>>