Intel Rises Thanks to New CFO

Shares of Intel (Nasdaq: INTC) jumped 3.02% in after-hours trading on Monday after the technology giant announced that David Zinsner will be the company’s new chief financial officer. Details: Zinsner was most recently the CFO for Micron (Nasdaq: MU). Shares of Micron dropped 1.11% in after-hours trading on Monday. The Good: Having recently been upgraded by Northland Capital Markets, Intel seems like a good stock for value investors. It has a low price-to-earnings ratio and $17 billion in free cash flow. The Bad: Profitability levels could be lower for Intel this year. Final Thoughts: Intel’s earnings release is scheduled for January 26. Hope you enjoyed this commentary. Please subscribe to Early Bird, a free daily newsletter that helps you identify investment trends: https://earlybird.email/

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Intel Rises Thanks to New CFO

bullish

Shares of Intel (Nasdaq: INTC) jumped 3.02% in after-hours trading on Monday after the technology giant announced that David Zinsner will be the company's new chief financial officer.

Details: Zinsner was most recently the CFO for Micron (Nasdaq: MU). Shares of Micron dropped 1.11% in after-hours trading on Monday.

The Good: Having recently been upgraded by Northland Capital Markets, Intel seems like a good stock for value investors. It has a low price-to-earnings ratio and $17 billion in free cash flow.

The Bad: Profitability levels could be lower for Intel this year.

Final Thoughts: Intel's earnings release is scheduled for January 26.

Hope you enjoyed this commentary. Please subscribe to Early Bird, a free daily newsletter that helps you identify investment trends: https://earlybird.email/

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< 1 min
60.73
Target Price
3/ 10
Confidence
2-6 Months
Timeframe
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Earnings Release
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SEC
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