Anyone here still own Intel? Anyone considering selling now?

[Mulligan]

This stock has really jumped and I wonder if it has anything left. I was considering selling it. If the after hours price holds I have almost doubled my money in a little over a year and a half. I bought it really to collect dividend checks as it was almost 4.5% when I purchased it, but now the rate at current price is under 3% and they haven't raised it for several years. Would you hang on and let it ride? I know they got a pop from the laptops today but that doesn't seem to be a long term positive and all the other things they are in now, I could describe them and act like I know what I am talking about, but in truth I would just be bloviating.


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[NW-Bound]

I do not currently own Intel, but have some other semiconductor stocks. Some have languished for a few years now, and just recently moved up. It looks like the fundamentals support the price increase. The whole group has been moving up.

Of course the real question is whether these stocks have gotten into the overvalue range. My guess is no, so I am not thinking of selling any. But that's just me, of course.

 

[Mulligan]

I do not currently own Intel, but have some other semiconductor stocks. Some have languished for a few years now, and just recently moved up. It looks like the fundamentals support the price increase. The whole group has been moving up.

Of course the real question is whether these stocks have gotten into overvalue range. My guess is no, so I am not thinking of selling any. But that's just me, of course.

I was listening to a talking head who said take the money if you got in at a good price. He said PE has had multiple expansion from 10-12 the past several years and was now at 17. I have not noticed any announcement for an increased dividend instead it is some share buy backs. It's interesting how you can be wrong and still make money. I bought it for dividend rate and thinking it will push it's way into mobile real soon. Well, it appears they are losing more money than ever in that segment.


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[nuke_diver]

I'm an owner..

It might be time to get out but they are also one of the few companies that manufacture chips in very high volumes still and have the technology too. It's hard to judge how valuable that is these days but I like to think there is some value there

 

[NW-Bound]

Often, when in doubt I would sell half, so that either way the stock moves I am still half-right.

 

[NW-Bound]

... He said PE has had multiple expansion from 10-12 the past several years and was now at 17...

Again, I do not own Intel, but just look this up out of curiosity.

Yes, current P/E is 17, but earnings are expected to improve such that forward P/E will be 14.7. Compared that to S&P with current P/E of 19.1 and forward P/E of 16.5, Intel does not look expensive at all.

 

[Mulligan]

Again, I do not own Intel, but just look this up out of curiosity.



Yes, current P/E is 17, but earnings are expected to improve such that forward P/E will be 14.7. Compared that to S&P with current P/E of 19.1 and forward P/E of 16.5, Intel does not look expensive at all.

I wish they would bump up the dividend to motivate me to keep it. Selling half like you mentioned would be a good idea if I was a true active investor. But that would just expose me the opportunity to buy something dumb. I am learning a lesson in investing without a plan. My mutual funds I just put in $500 a month and consider that long term money, that I plan on never spending so the ups and downs will not effect me. This "set aside money to buy stock" causes me mental accounting problems. I planned at the beginning of the year to convert some of my HSA money into a long term investment, so I put 10k into Chevron and it jumped 10% in a month. So what did I do? I sold, thinking I just made 10 years worth of interest in one month. But now I am right back to the original problem of all my HSA money sitting in the low interest bearing account. I cannot get my mind to accept all of my money as one pot inside of several buckets.


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[check6]

I sold INTC and replaced it with MU some time ago. If you are not already I would subscribe to Seeking Alpha (no fees) for good, in depth discussions on INTC.

Personally I would have sold, but then I am a trader.

 

[MooreBonds]

My cost is 24.76. Was thinking about taking profits on Monday - glad I didn't.

The good thing is that Intel is the leading edge manufacturer for the ever-shrinking chip sizing, so they have to eventually be capitalizing on the smaller competition. But the big question is if the mobile market will give them enough growth for shrinking desktops/laptops. I assumed it would, and that more decides will need processors in the future....but the market doesn't seem to be pricing the stock that way (at least, it hasn't over the past few years).

With a yield of almost 3%, I'll probably hold it for a while and give it another chance.

 

[Rickt]

Holding INTC

I am holding INTC. It is a megacap and offers security needed by investors who are now moving their money from small cap stocks into mega cap stocks in this later part of the bull market.

IMHO we still have at least a couple years of bull market left and expect mega cap stock to fare better than small and midcap stocks until the yield from bonds catches up at which time it would be time to get more defensive.

Only time will tell if that strategy works. Happy investing

 

[harley]

Mulligan, I have owned INTC for over 20 years, and it's done me right by paying dividends. It's what's known as a cyclical stock, with the value rising and falling many times over the years, but the dividend keeps on paying. It's no Altria (Philip Morris), but it's been a dependable payer for years. I actually never pay any attention to the stock price, I just keep on banking the dividends. And of course when the stock price drops, the dividend percentage rises.

I guess it depends on what you want it for. It never hurts to cash out with a profit, but if you are looking for a nice buy and hold stock, you could do a lot worse.

 

[Mulligan]

Mulligan, I have owned INTC for over 20 years, and it's done me right by paying dividends. It's what's known as a cyclical stock, with the value rising and falling many times over the years, but the dividend keeps on paying. It's no Altria (Philip Morris), but it's been a dependable payer for years. I actually never pay any attention to the stock price, I just keep on banking the dividends. And of course when the stock price drops, the dividend percentage rises.

I guess it depends on what you want it for. It never hurts to cash out with a profit, but if you are looking for a nice buy and hold stock, you could do a lot worse.

So Harley you bought it before the big run up 15 years ago and didn't regret or was tempted to cash in when the price went wild? It seems odd a few years ago they were very aggressive in raising the dividend, now it appears it is not a priority.


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[Mulligan]

My cost is 24.76. Was thinking about taking profits on Monday - glad I didn't.

The good thing is that Intel is the leading edge manufacturer for the ever-shrinking chip sizing, so they have to eventually be capitalizing on the smaller competition. But the big question is if the mobile market will give them enough growth for shrinking desktops/laptops. I assumed it would, and that more decides will need processors in the future....but the market doesn't seem to be pricing the stock that way (at least, it hasn't over the past few years).

With a yield of almost 3%, I'll probably hold it for a while and give it another chance.

I read they had like 50 million in revenues and a billion in losses in the handset business this past quarter. I read they are trying to buy their way into the business, maybe it will work, but that is some sorry looking numbers!


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[target2019]

Intel has a tough road. I'm not up-to-date on their products, but that in itself is foretelling. I used to see many "Intel Inside" stickers. Now I have tablets and phones with some core that comes from somewhere.

Intel has returned to the good old days, at least for a quarter. Longer term, it wants to enter a new and more complex world.

http://www.nytimes.com/2014/07/16/t...timates-on-improving-demand-for-pcs.html?_r=0

Rather than being part of the new world, they want to enter it. That is generally bad news for a large company.

 

[Mulligan]

Often, when in doubt I would sell half, so that either way the stock moves I am still half-right.

Well NW, I followed your path a bit. I just sold 300 shares and kept 200. I couldn't resist when it broke $34. People used to brag how they made money on buying Intel in low 20s and selling in upper 20s over and over. It clearly has broke out of that pattern. If the price deflates again, I may buy back in... Or if I was smart, I would quit while I am ahead.


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[NW-Bound]

Good man! You can now say that you have rebalanced some to cash and people are none the wiser.


PS. Another thing I have done when I am not able to overcome my greed and let the stocks go is to write covered calls. That way, I can squeeze a few more bucks out of it if the stock continues to rise, or stays stagnant. Or even if the stock drops, that saves me the trouble of buying it back.

 

[Mulligan]

Good man! You can now say that you have rebalanced some to cash and people are none the wiser.


PS. Another thing I have done when I am not able to overcome my greed and let the stocks go is to write covered calls. That way, I can squeeze a few more bucks out of it if the stock continues to rise, or stays stagnant. Or even if the stock drops, that saves me the trouble of buying it back.

I have read about those, but only know enough to be dangerous to myself. My smallish portfolio was already plenty flush with CDs and IBonds. It already looked like a Widows and Orphans stash. Now it's looking even more like a Widow's portfolio inherited from a widow...


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[NW-Bound]

You are obviously sitting on way too much cash.

Let me tell you about this bridge that despite its age is still in mint condition...

By the way, the stock with the best 12-month gain for me is Alcoa (symbol AA). It has risen to be 1% of my portfolio, the largest position that is not an ETF or a conglomerate like Berkshire. And I am not selling any.

 

[harley]

Well, you talked me into it. I checked and my cost (split adjusted) was around $4. So I sold all my shares (212). Now I've made myself a note to check the price in a couple of months. If it's dropped back down I'll repurchase it in my Roth.

I'm trying to move all my individual stocks into my Roth so I can trade without worrying about taxes. Not that I trade often (as evidenced by holding INTC for over 20 years), but there have been a couple of times I would have liked to sell something (AAPL) that jumped up after I bought, but would have incurred STCG tax. I sold the rest of my AAPL earlier this year. I've about maxed out my 0% LTCG capability for the year, unless I want to cut into my Roth conversion bucket.

I love this financial stuff! At least when I make money.

 

[NW-Bound]

That's it! I am looking to buy INTC, now that two posters have sold.

 

[FIREd]

I am selling INTC too. At this yield, there are better companies with better dividend growth prospects.

 

[Mulligan]

Well, you talked me into it. I checked and my cost (split adjusted) was around $4. So I sold all my shares (212). Now I've made myself a note to check the price in a couple of months. If it's dropped back down I'll repurchase it in my Roth.

I'm trying to move all my individual stocks into my Roth so I can trade without worrying about taxes. Not that I trade often (as evidenced by holding INTC for over 20 years), but there have been a couple of times I would have liked to sell something (AAPL) that jumped up after I bought, but would have incurred STCG tax. I sold the rest of my AAPL earlier this year. I've about maxed out my 0% LTCG capability for the year, unless I want to cut into my Roth conversion bucket.

I love this financial stuff! At least when I make money.

That is my problem and it goes back to my mental accounting which is dumb. I do not have my brokerage account to set up through my Roth on purpose so I can't buy stock with that money. But in reality, my money is my money and where I lose it is not that consequential. Since I bought this through my regular account, I get the privilege of paying LTCG tax and 6% state added on.



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[Mulligan]

That's it! I am looking to buy INTC, now that two posters have sold.

NW, it probably wouldn't be the worst investment decision you ever made based on this info, as Fire'd has joined us too. Now there are 3.....Next stop $40 by the end of the month!


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[FIREd]

NW, it probably wouldn't be the worst investment decision you ever made based on this info, as Fire'd has joined us too. Now there are 3.....Next stop $40 by the end of the month!

+1 I am not a momentum guy and tend to sell too early.

 

[Mulligan]

+1 I am not a momentum guy and tend to sell too early.

All I know is if it goes up $5 after I sell, I will not be nearly as steamed if it had instead fell $5 and I didn't sell when I wanted to.


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