In this video, Andrew Tonner offers his opinion on Intel's (NASDAQ:INTC) 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.
- May 2, 2013 at 11:00PM
- Technology and Telecom