I know, I know….not a lot of love from many analysts on Intel (NASDAQ:INTC), but really I don’t see why not. A recent conversation among my InvestorPlace colleagues focused on tech companies that need something someone else has, for instance, Microsoft (NASDAQ:MSFT) needing Yahoo‘s (NASDAQ:YHOO) original content and Yahoo needing Microsoft’s money. But Intel has the ability to control the chip market, so it doesn’t really need a partner to fill any gaps.
Intel started the early warnings on earnings for the remainder of the year, and it got punished. But that whacking to just over $23 a share makes for a fairly tasty price for a stock that yields over 3%, has been a consistent dividend payer since 1992 with increases in each year and has more room to run.