Intel’s stock is coming off one of its best years in the past two decades — and it’s not done gaining, according to a newly bullish analyst.
Melius Research’s Ben Reitzes thinks Intel’s
INTC foundry business has more shine than before, and that could propel its stock another 27%. He’s impressed with the company’s budding relationships, which may translate into more chip-manufacturing work in the years to come.
Intel’s stock is so cheap compared to TSMC’s — and this analyst now says ‘buy’
Published:
Intel’s stock is coming off one of its best years in the past two decades — and it’s not done gaining, according to a newly bullish analyst.
Melius Research’s Ben Reitzes thinks Intel’s
INTC foundry business has more shine than before, and that could propel its stock another 27%. He’s impressed with the company’s budding relationships, which may translate into more chip-manufacturing work in the years to come.
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