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    Intel Stock Ready For Growth In 2013

    Wed, 06/13/2012 - 11:46 EDT - Seeking Alpha
    • AAPL
    • ARMH
    • Cris Frangold
    • GOOG
    • INTC

    By Cris Frangold:
    Intel (INTC) is an effective defensive asset for any investment portfolio. Intel has a dominant position in its industry along with an assertive plan and adequate capital to remain a leader in the tech sector. Right now is a favorable time to invest in this tech tycoon before the stock price begins to increase with the advent of new technology releases and innovations throughout the rest of 2012 and thereafter. Intel is positioned to capitalize on the recent growth and innovations in almost all of the primary tech sectors of present day.The balance sheet and financials for Intel depict a healthy corporation primed for growth in the near future. The current stock price is around $26. The 52 week range has been from over $29 down to $19 while the 50 day and 200 day moving averages have been around $26 as well. The beta is slightly over oneComplete Story »

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      Bret Jensen submits:Thursday was another challenging day in the equities market. Indexes ended significantly down across the board with the S&P losing approximately 1.7%. Flight to quality seemed to be an ongoing theme as 10 Year treasuries almost touched 3%, before bouncing back a bit. Defensive sectors like healthcare and utilities also handily outperformed the overall market.

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