Huge News for Intel Stock Investors

By Parkev Tatevosian, CFA – Feb 27, 2024 at 4:00AM

NASDAQ: INTC

Intel

Market Cap

$135B

Today's Change

(-9.20%) -$3.23

Current Price

$31.88

Price as of April 26, 2024, 4:00 p.m. ET

Intel is poised to benefit from several tailwinds, including the PC replacement cycle.

Fool.com contributor Parkev Tatevosian highlights some great news for Intel (INTC -9.20%) stock investors.

*Stock prices used were the afternoon prices of Feb. 24, 2024. The video was published on Feb. 26, 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 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short February 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.