Intel was the fifth most bought stock on the Capitol in 2024, with three Congress members buying the stock eight times over the course of the year, as per a tabulation by MarketBeat
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Nobody’s got 25 years to wait for this dog of a stock to recover.
Bet against Intel and go broke. You should already have known that. Is this your first time around the block?😄
I should ask a member of Congress to be my financial advisor. There are websites which list the holdings and stock trading done by elected officials.
They mostly are in the same stocks as everyone else, but every now and then they load up on something that most others are not really liking very much.
As if they knew something that others did not, or are really just smarter than the market, all the time.
@ds+1jkxwsf2e Then find some other stock to follow, or company to work for.
This site is full of poorly informed trolls, who either are short INTC, or merely want it to get to some poorly conceived low price so they can buy, and/or are mere fanboys of the competition.
Of course they don't like any rally in the stock or the USA making an effort to reshore manufacturing. That's because they don't care about the USA doing well in the world.
Congratulations to the Believers! Personally, I don't believe anything has foundationally changed with the company. Only speculation, hype, whatever you prefer to call it. To those holding the question becomes, do I take my profit/gains?
The revenue side could take a hit as the global economy slows, but costs are getting under control.
Expect to see the increasingly automated performance monitoring continue to weed out the low performers, whether needed for target or not. That is how any company worth working for handles cost.
Foundry is going to be broken up, whether by government fiat, the sale of fabs to GF, or maybe the sale of some newer fabs to TSMC. Or maybe all three.
That wipes out the debt load and capital requirements and sets up Foundry to be spun off.
Meanwhile presumably they will eventually produce a more competitive AI product.
The bar is set so low on all accounts that they can exceed expectations.
Congress should buy Alibaba stock.
Good way to steal American money and write off tax lost
Who said anyone at the capital was smart? Especially the ones there now... a--holes.
So how is 18A going... haven't heard much lately, which products are going to take the industry by storm? Who are the new huge foundry customers?
There is really nothing new or for that matter good coming out of Intel. The stock is going up because Intel is now good at being a welfare recipient. You are proud of this? People will have to be forced to use Intel.
sounds like someone is getting a handout
the congress critters are experts in insider info
the best of the best
Wait till Q1’2025 results are out