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Stock value is a view on future, not current financial situation of the company, with relation to what existing market thinks it is going to be. By buying stoc
by lmilcin 6y ago
Stock value is a view on future, not current financial situation of the company, with relation to what existing market thinks it is going to be.
By buying stock you say: I believe the company is going to be better than the market thinks it is going to be.
- colinmhayes 6y agoAnd the market currently has intel at a price/earning of 9. Pretty much the lowest of any tech company. If you have any semblance of hope for intel it's a solid buy.
- selectodude 6y agoStock value is a view on whatever people want to think it is. If you look at pure financials, INTC is very undervalued. It's a dividend stock, it's trading at a PE of 9. Do we really think that Intel has lower growth potential than Exxon or AT&T?