A funny thing happened after Intel's (NASDAQ: INTC ) disappointing Q1 earnings release: Despite reporting weakened sales and plunging profits, Intel promised investors quick improvement in gross margins this current quarter -- and a whopping 60% gross margin for the year!
Are these promises realistic? Perhaps not. But in this video, Fool contributor Rich Smith will tell you both why the gross margin target may "miss," and why that miss could be a great opportunity to buy Intel stock.
When it comes to dominating markets, it doesn't get much better than Intel's position in the PC microprocessor arena. However, that market is maturing, and Intel finds itself in a precarious situation longer term if it doesn't find new avenues for growth. In this premium research report on Intel, our analyst runs through all of the key topics investors should understand about Intel stock. Click here now to learn more.