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If it's undervalued it should be worth more, no?
by flkz 10mo ago
If it's undervalued it should be worth more, no?
- koakuma-chan 10mo agoIs Intel undervalued? Should Intel be worth more? Intel is an example of a company that I had in mind.
- Tycho 10mo agoWhen people say undervalued in this context, they usually mean it has a low price to earnings ratio. Intel is definitely not that - although it could still be a good bet if you have reason to believe their fortunes will greatly improve in the future. But it wouldn’t be a Buffett target in its current state.
- wtcactus 10mo agoActually, yes, half a year ago Intel was massively undervalued when you looked at metrics like Price to Book ratio. It still is actually, although not as much.