Stocks On The Rise: 5 Best Stocks to Invest In

4. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 112

Intel Corporation (NASDAQ:INTC) is one of the best stocks on the rise to invest in. Intel Corporation (NASDAQ:INTC) received a rating update from HSBC on July 2. The firm lifted the price target on the stock to $200 from $100 and maintained a Buy rating on the shares.

In another development, Reuters reported on June 16 that Intel Corporation (NASDAQ:INTC) has announced the entry of the new generation of its 18A manufacturing process into ​risk production, as the company sees strong ‌demand for its central processors. It further stated that by moving 18A-P into initial production, Intel Corporation (NASDAQ:INTC) aims to demonstrate that it is following ​through on its manufacturing commitments, which could potentially make ​the technology more appealing to external customers. Reuters added that finance chief David Zinsner said in ​March that the company’s CEO, Lip-Bu Tan, has started recognizing 18A as ​a potential offering for external clients, changing the earlier perspective that the process would generate returns only through the company’s own products.

Intel Corporation (NASDAQ:INTC) is involved in the design, sale, and manufacture of computer products and technologies. It delivers data storage, computer, networking, and communications platforms. The company’s operations are divided into the following segments: Client Computing Group (CCG), Data Center and AI (DCAI), Intel Foundry Services (IFS), and All Other.