Did you miss out on Apple?
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If you invested in Apple on January 9th, 2007, after the world-changing reveal of the iPhone and its IOS operating system… You could have raked in 6,170% gains – enough to turn even a miniscule $2,500 stake into a $156,750 fortune. But if you missed out on these gains… Don't worry. Because on October 1st, a tiny company I call the “Apple of AI” will reveal something even greater (and I believe much more lucrative for investors). Click here now to see how this $2 AI stock could make you over 60x richer.
Investment Report: Intel (INTC) Stock – A Risky Bet in the AI Investment Landscape
As we delve into the second half of 2023, the investment landscape is becoming increasingly challenging, particularly for those interested in the artificial intelligence (AI) sector. One stock that has been underperforming in this sector is Intel (NASDAQ:INTC). Despite its historical dominance in the chip-making industry, Intel's current financial and market position suggests that it may not be the best investment choice for those looking to capitalize on the AI boom.
Intel's Financial Health: A Cause for Concern
Intel's financial health has been a significant concern for investors. The company's free cash flow turned negative in 2023, and analysts from Wolfe Research predict that there is “little chance” of Intel generating positive cash flow even in the event of an industry-wide recovery in 2024. This is a clear red flag for potential investors, as a company's ability to generate positive cash flow is crucial for its sustainability and growth.
Moreover, Intel's recovery is expected to be both lengthy and costly, further dampening the prospects of a quick turnaround. The company's recent financial performance, including a slashed dividend and its first negative-income quarter in years, has led to a “D” grade for Intel stock and an “underperform” rating with a $27 price target. This suggests significant downside potential for Intel stock.
AI Chip Market: A Tough Battle Ahead
The AI chip market is heating up, and Intel is struggling to keep pace. The company has lost significant market share to other chip makers in recent years, and this trend is expected to continue. Susquehannah analyst Christopher Rolland warns that increased spending on GPU chips for AI applications could lead to decreased spending on data-center infrastructure, which could be highly problematic for Intel.
Intel's position in the AI-chip arms race is precarious. Rolland notes, “AI remains a mixed story for Intel … we remain cautious on Intel’s server competitiveness for the next several years.” Without meaningful increases in hyperscale (cloud) capex this quarter, there is a fear that AI server GPU purchasing could crowd out wallet share for CPUs, further eroding Intel's market share.
Investment Verdict: Avoid Intel Stock
Given the above factors, it is clear that Intel is facing significant challenges. The company's financial health is questionable, and its position in the AI chip market is far from secure. Out of 27 prominent analysts, 17 recently issued a “hold” rating on Intel shares, while six issued a “sell” rating and only four issued a “buy” rating on the stock. This consensus suggests a lack of confidence in Intel's near-term prospects.
While Intel is not a failing company, its current circumstances make it a risky investment, particularly for those interested in the AI sector. Investors should monitor Intel's financials closely and look for improvement before considering an investment. For now, Intel stock is not a high-confidence pick for the second half of 2023. Therefore, we recommend investors to avoid Intel stock at all costs as an AI investment.
#1 AI Stock of 2023 (Not NVDA)
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Most people will go their whole lives without capturing a 1,000% gain. But one Wall Street veteran may have cracked the code.
For nearly 50 years, Marc Chaikin was the quantitative mind behind some of the most famous investors in history: Paul Tudor Jones, George Soros, Steve Cohen, and Michael Steinhardt.
Even the Nasdaq hired him to create three new indices.
All because Chaikin built the Wall Street system for detecting 10X stocks.
- It flashed “buy” on vaccine-makers Novavax (NVAX) and BioNTech (BNTX), months before the pandemic even began.
BioNTech (BNTX) quickly surged 2,188%. Novavax (NVAX) shot up 7,612%.
- It flashed “buy” on EV stock Blink Charging (BLNK), before it jumped 1,433%.
- And even RIOT Blockchain (RIOT)… right before Bitcoin shot past $60,000… and sent RIOT up 10,090% in less than a year.
Since then, Chaikin's gained over 1 million followers – and one of the best reputations in the financial world.
His system has pinpointed dozens of stocks that went onto soar 100% to 1,000%, often in less than a year.
And today, he's doing it all over again, for the hottest investment trend of 2023:
A.I.
I just sat down with Chaikin for a “tell-all” interview, where he revealed the name and ticker of his favorite A.I. stock of 2023.
His system flashed “buy” on both Nvidia (NVDA) and Meta (META) before their extraordinary runups earlier this year.
But he says that's nothing compared what's in store for this “under-the-radar” A.I. stock.
He told me,
“This company just teamed up with one of the biggest power players in the A.I. industry – but you can still buy it for just one-twelfth the price of Nvidia (NVDA). The time to buy is NOW.”
To see Chaikin's full prediction for yourself, simply click here. You'll get this stock's name and ticker symbol, absolutely free.
