Should You Buy the Dip in Intel Stock?

By Parkev Tatevosian, CFA – Apr 29, 2024 at 10:14AM

NASDAQ: INTC

Intel

Market Cap

$133B

Today's Change

(2.43%) $0.76

Current Price

$32.03

Price as of May 16, 2024, 4:00 p.m. ET

Intel is spending billions to catch up to the latest technology.

Fool.com contributor Parkev Tatevosian evaluates Intel (INTC 2.43%) stock and determines if it is an excellent investment.

*Stock prices used were the afternoon prices of April 25, 2024. The video was published on April 27, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Intel and recommends the following options: long January 2025 $45 calls on Intel and short May 2024 $47 calls on Intel. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.