Intel Just Experienced a Massive Pullback. Should You Buy?
Intel Corporation (INTC -2.10%) stock lost 12% following the release of its fourth-quarter and full-year 2023 earnings report. Although the 10% revenue growth in Q4 appeared promising, the revenue outlook for Q1 did not meet investor expectations.Still, the semiconductor stock has risen by more than 45% over the last year even when accounting for the post-earnings decline. This conflict may leave investors wondering whether Intel's stock-price growth had gone too far or if the drop represents a hiccup in an ...