Assessing Valuation Following Latest Earnings and Share Price Momentum
Intel (INTC) shares edged lower after the company posted its latest quarterly financial results. Investors are digesting the earnings report and examining Intel’s revenue trends and net income growth to gauge whether the chipmaker’s turnaround efforts are gaining traction.
See our latest analysis for Intel.
While Intel’s latest report draws plenty of attention, the real story is in the stock’s momentum. After a huge run earlier this year, the past week saw a pullback that put Intel’s share price return for the last 90 days at an impressive 46 percent and its total shareholder return over one year at 43 percent. This suggests investors are watching closely to see if recent gains will hold or even accelerate as the company’s…
