Intel stock dropped 9% after the company reported Q1 earnings. Is it a buy right now?
In this video, I will go over Intel‘s (INTC 1.77%) first-quarter earnings report. The company reported mixed results, and guidance for the next quarter fell well below analysts’ expectations.
*Stock prices used were from the trading day of April 25, 2024. The video was published on April 25, 2024.
Neil Rozenbaum has positions in Intel. The Motley Fool recommends Intel and recommends the following options: long January 2025 $45 calls on Intel and short May 2024 $47 calls on Intel. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
