Is Trending Stock Intel Corporation a Buy Now?

Quick Summary:

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account.

When earnings estimates for a company go up, the fair value for its stock goes up as well.

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Article Details

Author / Journalist: Zacks

Category: Technology

Markets: United States

Topics: News Analyst Ratings Contributors INTC Tech Earnings Trading Ideas Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 20:22:15 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 883 words

Reading Time: 5 minutes read

Sentences: 40 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21687512

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Main Topics: Technology

Official Website: benzinga.com

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Year Established: 2010

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

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Publisher ID: #53

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