INTC Stock: Intel Corporation Is Selling Shovels in the New Gold Rush
Income Investors | December 04, 2016
Intel Stock a Bet for the Future?
When it comes to Intel Corporation (NASDAQ: INTC) stock, its three-percent dividend yield is probably the first thing investors think of. Indeed, unlike most of the companies in the tech world, Intel stock has been paying dividends for more than two decades.
The thing is, though, dividends seem be the only reason why investors are sticking with the decades-old legacy tech company. When it comes to growth prospects, markets don’t seem to think highly of Intel stock. As a company that made its name by supplying x86 microprocessors to personal computers, Intel could face some serious headwinds once the PC industry slows down.