Should Investors Consider Buying Intel?

In this series, we’ve learned that there’s been a lot of buying activity on Intel (INTC) and Micron Technology (MU), pushing them near their 52-week highs. If these two stocks fall and come closer to their 20-day moving averages, it would be a good time to buy them, as they’d be cheap compared to their earnings potentials. If there’s no major pullback in the stock market, Intel and Micron are likely to achieve their median price targets of $53.5 and $60, respectively, by the end of 2018 or earlier.