The bailout was in Aug 25 when INTC was < $25.
It closed today above $60.
That's a stock recovery.
I was very specific. I said stock. That's a recovery.
Sure, the stock price is up.
Currently trading at 3-4x historical valuation (20y typical range of forward P/E).
Sure, the stock price is up.
Currently trading at 3-4x historical valuation (20y typical range of forward P/E).