In this video, Andrew Tonner offers his opinion on Intel's (INTC 2.45%) announcement of a new CEO. Specifically, while promoting the current acting CFO Brian Krzanich may be a good move on paper, Andrew thinks Intel needs some new blood, new ideas. Krzanich is an entrenched Intel man, not new blood. That said, we should watch carefully what he says as he takes the reins. Intel, as an investment, is a bit touch and go. It does sell at a low multiple and pays a decent dividend, but the future is cloudy. Intel's business remains tightly bound to the shrinking PC market, and Intel really hasn't branched out to other markets. If you want to invest in Intel, be prepared for a long wait for a satisfactory return.
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Why Intel's Big News Is Anything but Big
Intel names its new CEO. But can he bring the innovation the company so urgently needs?
Andrew Tonner 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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