Intel Stock Underperforms Despite Strong Growth Forecast
• Intel (INTC) stock dropped 1.02% despite market gains, underperforming the S&P 500, Dow, and Nasdaq • Upcoming Intel earnings expected to show 340% YoY EPS growth and 7.77% revenue growth • Intel estimates revised 11.2% upward over past month; stock has Zacks Rank #1 (Strong Buy) • Intel trades at premium valuation with forward P/E of 44.64x vs industry average 19.99x • Intel's industry ranks in top 15% out of 250+ industries measured by Zacks