Keep an eye on Intel (INTC).

With strong earnings growth, CEO Pat Gelsinger just bought another 6,775 INTC shares for about $250,000 between October 31 and November 1. While technically stretched, we’re waiting to see if the INTC stock can break above prior resistance around $40 a share. If it can, it could potentially retest $42.25, where it was back in early 2022.

In just one minute you can have one of the most important trading tips you'll ever get. Click here to see your million dollar minute.

A good number of analysts recently raised their price targets on INTC, too. Morgan Stanley now has a $39 target. Bernstein has a $36 target. Mizuho has a $37 target. JP Morgan as a $37 price target. And HSBC upgraded INTC to a hold from a reduce rating.

Sincerely,

Ian Cooper