Financial Movers

Intel (INTC) Stock Analysis: New CEO! Buy INTC Stock Now?


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Intel (#INTC) delivered their Q4 earnings and were able to beat analyst expectations! The company reported EPS of $1.42, which beat by $0.38, and reported revenue of $20B, which was a beat by $2.5B. Last week #INTEL reported that they were replacing CEO Bob Swan with former VMWare CEO Pat Gelsinger. Investors were ecstatic about the news as shares rallied +11% on the news. Shares of Intel are currently trading at $62.46, which is a +31% increase over the past month. Should investors buy shares now, or wait for the stock to dip?

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Financial MoversBy Financial Movers