The Market Has Priced Intel Anywhere Between $24 and $142 in the Past 12 Months
A six-fold spread inside a single year. How much of the price is the business, and how much is the promise?
Overview
Within the past year, the market has valued Intel (NASDAQ:INTC) at $23.68 per share, at $142.35 per share, and at nearly everything in between. As of this writing, shares sit at $87.26 -- about 39% below the high, and still about 3.7 times the low.
That is a sixfold spread within one year for the same company. How much of Intel's price is the business that exists, and how much is a claim on the foundry business Intel is promising to build?
Image source: Intel.
Details
Source
Originally published at www.fool.com.
Related Articles
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.