$Intel(INTC.US) I said Intel would reach 100, some people might say I'm being argumentative. I can't convince you with data, but Intel's stock price isn't reasonable. It should be in the 30s. If everyone just looked at its financial reports, it wouldn't be at its current price at all. And when it plummeted a few days ago, you could see Intel was holding firmer than anything. If you say the extra $20 is a bubble, why didn't it budge when others were falling and the market was so weak a few days ago? It can only mean some force is supporting it. I say it's the government, US manufacturing. They are determined to pull Intel up and then give it a steady stream of orders to fatten it up!
Currently, the US is supporting American companies. Supporting Intel is absolutely part of US national policy, and a very crucial part at that. What they want is high-end manufacturing. It's impossible to heavily support industries making pots and pans; those industries will never be a match for China. Only high-end manufacturing is the key to widening the gap with major powers!
Just watch, it will definitely hit 100. I just can't predict when, but I can see this company's current potential is limitless!