Skip to content
It’s a booming market for most technology companies. However, some giants have gotten left behind. Intel (NASDAQ:INTC) is a fascinating case, as the market’s sentiment has turned harshly negative for Intel stock even though the company’s operating results are strong.
Source: Rose Carson / Shutterstock.com Since 2017, for example, Intel’s stock has risen from $33 to $50, making for a 50% gain. That’s a good outcome, right? Yet, bizarrely enough, Intel’s price-earnings ratio has gone down and sentiment has gotten worse for the company over this stretch. Back in 2017, Intel sold for 12-13x earnings. Now, it is down to a 9x P/E ratio.
Intel’s Improving Earnings
Back in 2017, Intel was earning around $2 per share per year in profits. And that had been relatively stable in prior years as well. Since then, however, earnings growth has exploded, with the company pulling in more than $5 per share in earnings last year. That’s...
Love’s Travel Stops recently opened five new Love’s Truck Care and Speedco locations that are open 24 hours a day, seven days a week. ...
Love’s Travel Stops recently opened five new Love’s Truck Care and Speedco locations that are open 24 hours a day, seven days a week. ...
TORONTO, Oct. 2, 2020 /CNW/ - The CAO is pleased to announce the expanded jurisdiction of the Condominium Authority Tribunal's (CAT) and the launch of its online multi-party dispute platform – another Canadian first....
CEO of Leading Cannabis Company Recognized as Top Female Executive of the Year – Consumer ProductsTALLAHASSEE, Fla., Oct....
Few industries have been hit by COVID-19 as hard as the cruise industry, but the situation may be turning around. The industry is starting to reopen, partly on customer perceptions that corona is beginning to recede, and partly on business recognition that companies cannot live on credit forever. The cruise line companies are taking precautions, and measures to improve health and prevent the spread of disease in the close quarters of a cruise ship include better ventilation systems with upgraded air filtration, simplified itineraries, and – where possible – a move toward smaller vessels. For passengers, this will likely mean forgoing buffet lines and finding smaller crowds aboard ship. For the cruise lines, it means the restart is moving slowly. For investors, of course, there is a different set of questions. Some of these were addressed by JPMorgan analyst Brandt Montour. "We continue to see value in shares for longer term investors...
