Open a Stock trading account in 1 minute!
Intel Stocks Trading Main FAQs
- What should I know about Intel?
Intel is the largest and most highly valued semiconductor chip maker in the world. As the inventor of the x86 series of microprocessors the Intel chips are found in a large majority of personal computers and servers. Intel is one of the oldest technology companies, having been founded in 1968, and its stock has traded since late 1979, having gained roughly 2,000% since then (as of June 2020). Intel’s largest customers include Dell, HP, Lenovo, and Apple.
- Is Intel a good stock to trade?
Intel is an interesting tech stock in that it sports a fairly large dividend. A quick look at the daily chart will show the strong support that’s developed around the $43-45 level in the stock, which has acted as a floor for declines and has been a good entry level. The stock tends to some sharp drops in response to poor earnings results, and those drops have almost always presented good buying opportunities. From 2000 until 2015 Intel shares remained in a wide range. Since 2015 the prevailing trend has been upwards, but more recently the stock has returned to its range-bound ways.
- What is the best strategy for trading Intel?
Like many other tech shares Intel sees a lot of action in its options, with everything from covered calls to spreads and straddles featured. Those who don’t want to deal with the complexity of options can also take advantage of trading strategies for Intel stocks. This can be especially useful around earnings season, when Intel options get increasingly expensive due to increased volatility ahead of the earnings release. Aside from trading around earnings releases a good strategy for Intel is to trade the price action, looking for strong areas of support and resistance to provide reversal opportunities.