INTEL: Perfect timing pours +40.8% profit!

Basically, we maintain that the share of the chip company INTEL can also be a long-term investment. However, as we managed to buy the share practically at its lowest level (USD 26.71) in the short term and to sell it at its highest level in the meantime (opening on July 28 at USD 36.75), an exit also makes sense in view of the extremely pleasing performance. Moreover, the situation on the stock markets is rather fragile and especially in the US a major setback - at least in our current opinion - can be expected at any time. At the end of July, the share price rose markedly on the back of better-than-expected 2Q23 figures. Many analysts had expected a loss, but earnings per share were +0.13 cents. In addition, the decline in sales of -15% to USD 12.9 billion was better than expected. We leave it open how quickly further share price gains can be expected here. However, our performance is a fact: As we remain in USD currency - see new recommendation on page 9 - the performance including dividends is +40.8%, without dividends +37.6%. In currency-adjusted terms, these two figures look worse due to the significantly lower US dollar: Including dividends, the performance was +25.7%, excluding dividends +22.6%. Either way, we are satisfied with the result... and remain open for a buyback below USD 30!

INTEL is listed on the NYSE in New York under the symbol INTC, the security number is 941'595, last price approx. USD 35.23.