Intel Stock Buy Recommendation Backed by Improved Fundamentals

3 months ago

Parkev Tatevosian, CFA

"And of course, I\'m happy about that because I\'ve had Intel stock rated as a buy all year long. I last updated that recommendation on October 1st. Do I still think the stock is a buy after these results? Uh the answer is yes. I still like Intel stock."

The speaker reiterates a long-standing buy rating on Intel (INTC), emphasizing the company\'s improved balance sheet, cost cutting, and strategic manufacturing investments that have reaped positive results, despite cautious future revenue forecasts.

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