Intel: Capitalize On The Downtrend

adventtr/E+ via Getty ImagesInvestment Thesis Intel (NASDAQ:INTC) stock has plummeted by about 47% over the last three years. This underwhelming performance saw the stock trail its peers, some of whom registered strong double-digit growth. Despite a 40% drop from its December 2023 high, the current downtrend presents another great entry point for long-term investors. Following our previous coverage and a 29% pullback, I've doubled down on Intel. The convergence of technical indicators highlights a strat ...