Forget Intel. Buy This Tech Stock in September Instead.
Sandisk is up more than 2,000% over the past year -- and it is still cheap.
Overview
Intel (NASDAQ: INTC) has been one of the top-performing stocks this year. Over the past year, Intel stock has returned 335%, and year to date it has gained 188%.
The stock surged 10% this week on the news reported by multiple outlets, including DigiTimes, that Intel was raising the prices of some of its central processing units, or CPUs, by 10% in October.
Details
This comes after the semiconductor stock raised them in the first quarter, and did so again in July on certain products. Further, one of its rivals, Qualcomm (NASDAQ: QCOM), implemented a double-digit price increase in July.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.