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|20th April 2016, 09:18||#1|
Join Date: May 2010
Intel shares expected to grow next year
Beancounters working for Barrons have added up the numbers and divided them by their shoe size and decided that Intel will grow like topsy next year.
Barron’s claims that Chipzilla’s shift to higher-growth businesses such as server chips and embedded chips for cars could drive a 25 increase in its shares in a year.
While there is a risk Intel could cut its financial guidance for the year when the chipmaker reports earnings on Tuesday, it is likely to return to sustainable growth by year’s end for the first time in seven years, the publication said.
Those who do not own shares in Chipzilla should wait until after the earnings call to buy shares, it added.
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