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10 Experts Pick the 10 Best Stocks for 2013

The 'smart money' gives you their best buy-and-hold predictions

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Best Stock for 2013: Intel

Intel Corp. (NASDAQ:INTC)InvestorPlace.com Editor Jeff Reeves hasn’t had quite the track record he hoped for so far in these annual stock-picking contests, so this year, he decided to keep things simple with blue-chip tech company Intel (NASDAQ:INTC).

Why? Well, quite simply, it’s the largest semiconductor manufacturer on the planet and comes with an eye-popping dividend yielding over 4.4%.

Jeff acknowledges that the post-PC era is a challenge for Intel, but he remains convinced that the company will figure out mobile.

And he isn’t just talk. He writes:

“For the record, I have skin in the game on this. At the end of October, I added the semiconductor giant to my personal portfolio at $21.50. And when it fell to $20.50 recently I doubled down. I plan on hanging on to this company for a long time because of that attractive yield, and the hopes of big growth and continued increases in the payout.”

Hopefully, the pick pays off — both for Jeff’s portfolio and for his contest pride.

Read Jeff’s complete recommendation on Intel.

Article printed from InvestorPlace Media, http://investorplace.com/2013/01/10-experts-pick-the-10-best-stocks-for-2013/.

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