Contrarian Value Ideas

[gfp927z]

Derf, >> INTC <<

That could be an interesting contrarian long term turnaround play, or a shorter term oversold bounce play. I don't know a lot about the sector, but Intel has obviously missed the boat in a big way to produce such a collapse in the stock. For 'deep' turnarounds I figure you need to know the sector pretty well (work in that field, etc). The other approach is to go with a stock that has only dropped moderately, and thus has a high % chance of resuming its winning ways.

I remember Buffett was asked about turnarounds, and he said the problem is they almost never turn around. So I've been sticking more to relative 'contrarian value', and then only with small investments.

For exposure to the semiconductor sector, I've been using the 'usual suspects' --

Semiconductors -


iShares Semiconductor ETF (SOXX) - (0.35%)

Analog Devices (ADI) - Data converter products, semicond (90 Bil)

Broadcom (AVGO) - Semiconductor devices (508 Bil)

KLA Corp (KLAC) - Solutions for semiconductor and electronics industries (76 Bil)

Monolithic Power Systems (MPWR) Semiconductor + electronics solns (29 Bil)

Nvidia (NVDA) - Graphics processing semiconductors (1.8 Tril)

Onto Innovation (ONTO) - Optical tech for semicond + advanced packaging devices (9 Bil)


https://investorshub.advfn.com/Elite-Stocks-38031


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