Intel and Home Depot: Stocks Down 15% to Consider Holding Long-Term

Reported 6 months ago

Both Intel and Home Depot stocks have dropped by at least 15% from their 52-week highs, making them potentially attractive purchases for investors looking for long-term gains. While Intel faces challenges in its CPU businesses, including competition from AMD and Arm-based technology, the company is focusing on semiconductor manufacturing and foundry business to stay competitive. On the other hand, Home Depot is experiencing a decline in sales due to customers postponing large projects, but the company's acquisition of SRS Distribution and its strength among professional customers suggest potential growth in the future despite short-term setbacks.

Source: YAHOO

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