Will Intel Corporation (INTC) Stock Plunge or Soar After Tonight’s Earnings Report?

Page 2 of 2

So in the end, server systems will either save Intel Corporation (NASDAQ:INTC)’s bacon or not. My investment thesis for Intel rests on commodity server systems becoming more important over time. Cloud-computing services must live on a chunk of hardware somewhere, and even mobile gadgets need to be fed by big-iron back-end servers. And Intel Corporation (NASDAQ:INTC) reigns supreme in that sector.

That long-term theory doesn’t necessarily spell great things for a single quarter along the way, and I can’t promise that the server processors will hold up their end of the deal tonight. But if they don’t, and Intel Corporation (NASDAQ:INTC) share prices collapse as a result, I’d call it a buy-in opportunity. The stock already trades at a measly 12 times trailing earnings — deep, rich value-stock territory. And like I said, the long-term story is still strong.

The article Will Intel Stock Plunge or Soar After Tonight’s Earnings Report? originally appeared on Fool.com.

Fool contributor Anders Bylund owns shares of Intel Corporation (NASDAQ:INTC), but he holds no other position in any company mentioned.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Page 2 of 2