Intel Corporation
Long

INTC likely to pump

349
As intel searches for a catalyst to extend this initial pivot I believe earnings may provide this. With the stock recently trading as low as .6 price to book, I believe it remains undervalued. Remember there is a right price for any stock that makes money or is about to make money. My short term target is the 20 week moving average around 25$. I still believe the stock is valued at 28-32$ based on assets and cash flows combined.

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