The only stock that i am buying is $INTC
Can go lower with semiconductors shortage but I don't care. The fundamentals are great + great company and products.
Intel will power the future. I think it will be a FAANG stock in the next decade
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It really depends on their turnaround plan. Intel screwed the pooch for years when they had 10nm issues and AMD was eating their lunch. On the flip side, it *is* Intel and prices at these levels are a bit absurd (less than 7 P/E for a tech company in a turnaround phase?). I think
Intel stock at these levels are attractive and then dollar cost average if it falls into the upper 30s. I can't really see it falling below 35 unless there's malfeasance going on at Intel. Selling covered calls and capturing the increased premium due to the higher implied vol is
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a great way to add more income into your portfolio. I'd also sell a couple puts in a dollar or two out each week for additional income. The dividend also is a nice touch but my guess is we will see that cut soon.
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