Real estate IPO Redfin soars 36% on its market debut >>> READ MORE

InvestorPlace’s 10 Best Stocks of 2013: Mid-Year Standings

It's a tight race, including two ties in the top five

    View All  

#1: Intel

Q2 Return: +11%
YTD Return: +20%
Investor: Jeff Reeves

Intel Corp. (NASDAQ:INTC)InvestorPlace Editor Jeff Reeves squeezed into the top five after the first quarter, then kept on climbing to the very top in the months that followed.

The pick behind the outperformance: not-so-sexy tech staple Intel (NASDAQ:INTC). After what Reeves described as “two painful showing in this annual stock-picking contest,” he purposely went with “a stable and undervalued blue chip instead of a long shot.

So far, the strategy has been working. Investors began piling into the dividend stock back in April, when Intel reported PC sales that didn’t plummet quite as dramatically as many were expecting in Q1.

Things have cooled off in the past month, but not dramatically considering the general flee from income stocks … and not enough for Intel to relinquish its six-month crown.

As of this writing, Alyssa Oursler did not hold a position in any of the aforementioned securities.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC