Posted 3/1/2024, 10:45:12 PM
Intel Stock Outperforms Broader Market Ahead of Expected Strong Earnings Report
- Intel (INTC) stock beat the market in latest close, up 1.79% vs S&P's 0.8%
- Intel expected to report strong EPS and revenue growth in upcoming earnings
- Recent analyst revisions reflect optimism about Intel's business outlook
- Intel stock trading at premium valuation compared to industry averages
- Semiconductor industry ranked in top 40% out of all Zacks industries, suggesting potential for further outperformance