Intel Stock Analysis: Buy the Dip?

By Parkev Tatevosian, CFA – Apr 6, 2024 at 5:15AM

NASDAQ: INTC

Intel

Market Cap

$135B

Today's Change

(-1.77%) -$0.57

Current Price

$31.31

Price as of April 29, 2024, 2:44 p.m. ET

Intel is trailing the broader semiconductor industry in 2024.

Fool.com contributor Parkev Tatevosian evaluates Intel (INTC -1.77%) stock to determine if it makes an excellent buy for long-term investors.

*Stock prices used were the afternoon prices of April 3, 2024. The video was published on April 5, 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 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.