Alex,
<If you are not sure about INTC at this point, maybe its time to step out.>
I can't argue with that at all. In fact, if you are not sure about any stock, I think it's time to step out.
<Is it going above 100 any time soon?>
Hard to say. Personally, I think at this point INTC is fairly valued in the mid 90's. I think if it got much above 100 in the short term it would probably be getting ahead of itself. "Soon" is not a word I associate with solid long term core holdings with outstanding long term prospects for appreciation. Personally, I am not interested in what INTC will be trading at next month or two months from now. I am more concerned with with 2 years, 5 years, etc. Will it outperform most investment vehicles looking forward?? That is the question that concerns me. I continue to believe, based on fundamentals, that INTC represents one of the best reward to risk ratios in the market, not for next week but for the foreseeable future.
Good luck,
FF |
