Intel Stock Can Be A Buy At The Right Price

Summary:

  • Intel stock has surged recently due to positive developments, including an expanded partnership with Amazon AWS.
  • Despite Intel’s CapEx-heavy, free-cash-flow-negative status, its valuation offers upside potential, making INTC stock a Buy.
  • Intel aims for positive adjusted free cash flow by 2025, improving liquidity and reducing leverage through strategic measures.
  • Intel’s turnaround efforts show promise, but significant work remains to transform it into an excellent company.

Intel headquarters in Santa Clara, California, USA

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I never thought I’d be writing a bullish article on Intel (NASDAQ:INTC), but I guess any stock can be worth buying at the right price. Intel gained 6.4% on September 16 and another 8% in after-hours trading to a price


Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in INTC, INTC:CA over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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