IB Net Payout Yields Model

Intel: Mobileye Trap

  •  The Mobileye IPO price has been cut by 40% to start.
  • Intel continues to face delays and lower valuations for assets impacting the value of the stock.
  • Investors should avoid the stock until the business has hit rock bottom and an actual turn has occurred.
  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » 
Day after day, Intel (NASDAQ:NASDAQ:INTC) continues to cut expectations leading to less shareholder value. The latest news has the long expected Mobileye IPO coming out at a much lower valuation leading to less funds raised by the chip giant. My investment thesis remains Bearish on the stock.

Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 

Comments

Popular posts from this blog

Aurora Cannabis: Deal Or No Deal

C3.ai: Out Of Steam (Rating Downgrade)

Archer Aviation: Promising Developments