Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mark R. Hake, CFA

THE TRUTH ABOUT: Intel could still be undervalued based on strong free cash flow - Caught on Camera

Analysts are upgrading their Intel Corp (INTC) price targets after its recent earnings results, and based on management's expectation of positive free cash flow this year. One way to play it is to sell short INTC out-of-the-money puts, which have high yields.

INTC closed at $82.54, up +23.60% after its Q1 earnings results the night before on April 23. Its price target could exceed $100 per share, as this article will show.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.