Intel: Chips Above the Rest

Stronger sales of PCs, competitive technological advances, and an enticing valuation should push the company's shares higher

The semiconductor industry is in the early stages of an upturn, and we believe that accelerating PC growth will provide Intel (INTC; recent price $24.45) strong growth opportunities. We think Intel has a key competitive advantage with its technology, which should lead to market share gains and better profitability.

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