INTC Sell Alert: Why Intel Is a Chip Stock to Avoid

Down 35% on the year, Intel (NASDAQ:INTC) stock is one of the few microchip and semiconductor plays that investors should avoid.INTC stock is currently the third worst performer in the benchmark S&P 500 index this year. Only Walgreens Boots Alliance (NASDAQ:WBA) and Lululemon Athletica (NASDAQ:LULU) have performed worse. This as most microchip stocks, particularly those associated with artificial intelligence, skyrocket. In the last 12 months, shares of rival chipmaker Broadcom (NASDAQ:AVGO) have doubled, w ...