As investors look around for the next big growth opportunity in the market, more and more of them are looking to capitalize on mobile devices and the “Internet of Things,” and Intel Corporation (INTC) is at the nexus of both.

Intel has reinvented itself in the past few years. While it may have seen much of its previous growth come through the PC industry, it is now poised to be a dominant player not only in the PC world — which is poised for a resurgence as more and more consumers look to upgrade their old laptops, etc. — but also in mobile devices, web-connected embedded devices (Internet of Things) and network data centers. The company has spent billions of dollars for new development and, while it may be operating at a loss in some divisions as it catches up with and regains market share from its competitors, the trends look good. Growth is now in the sights of many analysts.

We expect INTC to rise back to its recent high of $38 in short order, but we don’t expect it to stop there. We wouldn’t be surprised to see INTC reach $40 in the next month or so leading up to the company’s next earnings announcement on Jan. 15. More than likely, you’re not going to want to hold the following Intel trade through earnings.

‘Buy to open’ the INTC February 38 Calls (INTC150220C00038000) for a maximum price of $1.05.

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