5 Most Undervalued Tech Stocks to Buy According to Hedge Funds

3. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 69

Intel Corporation (NASDAQ:INTC) stock got hammered after posting weak Q4 results and posting a Q1 guidance that shocked investors and analysts. Intel Corporation (NASDAQ:INTC) said weakness in client computing, datacenter and AI segments affected its numbers. For the first quarter of 2023, Intel Corporation (NASDAQ:INTC) is expecting to post a loss of $0.15 per share, excluding one-time items. Revenue in the period is expected to be between $10.5 billion and $11.5 billion. On the other hand, analysts were expecting Intel Corporation (NASDAQ:INTC) to post EPS of $0.25 for the first quarter. The disappointing guidance has several analysts issue ratings downgrades and bearish comments for Intel Corporation (NASDAQ:INTC). But Intel Corporation (NASDAQ:INTC) presents a long-term investment opportunity for those who can wait and have the stomach for risks.