The 10 Best Stocks of 2013 Through Q1

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The 10 Best Stocks of 2013 Through Q1

#5: Intel

Q1 Return: +6%
Investor:
 Jeff Reeves

IntelLogo e1287008818496 The 10 Best Stocks of 2013 Through Q1For InvestorPlace Editor Jeff Reeves, the first quarter has gone pretty well. Last time we checked, tech staple Intel (NASDAQ:INTC) was flat and sitting in second to last place.

Now, it has enjoyed 6% gains — less than the broader market, but gains nonetheless — and has squeezed into the top five. Over the last week alone, Intel has more than doubled the Dow’s climb. If that momentum continues, the dividend-payer could be in a nice position to make slow but steady run during the remaining quarters.

In fact, slow-and-steady is exactly what Reeves was after with this pick. Reeves purposely went with “a stable and undervalued blue chip instead of a long shot.”

Plus, there’s more reason to be bullish on the chipmaker. Analysts from Goldman Sachs, for example, recently reported that a significant reduction in the company’s capex could help boost the company’s shares.

I’m sure Reeves — even though he no longer actually holds his pick — is hoping they’re right.


Article printed from InvestorPlace Media, http://investorplace.com/2013/04/the-10-best-stocks-of-2013-through-q1/.

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