Friday, April 5, 2024

Chartmeister Tim Knight Is Not Impressed With Intel (INTC)

Ditto.

Lifted in toto from his Slope of Hope site, April 5:

Intel Outside

By -

Corporate welfare queen Intel, which got $100 billion dumped into its lap by the federal government, still can’t get out of its own way. As I’ve been saying repeatedly, this garbage stock is in serious trouble. If you can’t take free cash from D.C. and still make a go of it, you’re seriously busted. The breakdown is just beginning.

 

Also at Slope, he describes TSLA as having "gone from the hottest of the hot meme stocks to something a little less exciting than a passbook savings account."

....MUCH MORE

I think he owns a Tesla but that obviously doesn't color his commentary or chartology.