#4 - Intel (NASDAQ:INTC)
Intel (NASDAQ:INTC) may not be the first name to come to mind in the semiconductor sector. But if you’re looking for a forever stock, you need to give Intel a close look. This isn’t about how many chips the company can crank out. It’s about the fact that Intel has a significant cache of intellectual property that includes a slew of best-in-class patents that are in demand.
Investors are taking notice, INTC stock is up 30% in the last six months. With the global chip shortage, there’s no reason to believe that growth is slowing down anytime soon.
And when you are checking boxes on Intel as a buy-and-hold addition to your portfolio, you have to consider its dividend. The rule of 72 suggests that you if a dividend grows at an average rate of 7.2% it will effectively double in 10 years. Intel’s dividend has gone from 18 cents in 2011 to its current level of 35 cents and in the last three years has grown at a rate of 22.5%
About Intel
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.
Read More - Current Price
- $19.87
- Consensus Rating
- Reduce
- Ratings Breakdown
- 1 Buy Ratings, 25 Hold Ratings, 5 Sell Ratings.
- Consensus Price Target
- $30.04 (51.2% Upside)
