A technology company which isn’t fairing so well today, even after a great earnings report last Tuesday, is Intel. Intel is down about 30 cents on the day, or about 1.6%. With a PE ratio of just over 10, and a dividend that yields over 3.3%, the company which is still dominating the PC microchip market seems like a good buy. The possible causes of the weakness in Intel stock is that they are lagging behind in the fast growing market for smart phone and tablet micro processors. Despite this, recent acquisitions and development plans will likely help Intel get a stronger foothold in the market. There have also been reports this morning that Intel may be about to announce a major investment into a social gaming company. A move that would have many investors rather surprised.
There are still many great deals in this market, especially in the tech sector. As an investor you just need to look at the numbers, and decide where you want your money working for you.
