Intel cut its full-year guidance, and the stock stumbles. Is now your chance to buy on the dip?
The following video is from Thursday's Investor Beat, in which host Chris Hill, and analysts Bill Barker and Charly Travers, dissect the hardest-hitting investing stories of the day.
Despite Intel (INTC 2.13%) posting a second-quarter profit of $2 billion, the stock took a hit today after the company lowered its full-year guidance. In our lead story today, Bill and Charly discuss how Intel missed its chance at the first-mover advantage in mobile, and whether the stock looks like a buy today.
Bill Barker has no position in any stocks mentioned. Charly Travers owns shares of Intel. Chris Hill has no position in any stocks mentioned. The Motley Fool recommends Intel. The Motley Fool owns shares of Intel. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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