Intel shares may rise 30% in the next 2 years

Intel shares may rise 30% in the next 2 years

November 26 news, the United States famous financial magazine "Barron Weekly" recently reported that microprocessor maker Intel's stock price may rise more than 30% in the next two years, rose to 48 US dollars.

Intel's recent stock price is more than 35 US dollars, which is only half of the target value of Barron's June 2013 forecast that Microsoft's stock price will double in five years. The "Barron Weekly" suggested that it is not yet the right time to buy.

"Barron Weekly" said that in the next two years, 30% stock price increase will make this company's price-earnings ratio of 16 times, and this year's Intel company's stock price-earnings ratio is also 16 times. This means that Intel's earnings per share will also rise accordingly.

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