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Intel (#INTC) delivered their Q4 earnings and were able to beat analyst expectations! The company reported EPS of $1.42, which beat by $0.38, and reported revenue of $20B, which was a beat by $2.5B.
Last week #INTEL reported that they were replacing CEO Bob Swan with former VMWare CEO Pat Gelsinger. Investors were ecstatic about the news and shares rallied +11%.
Shares of Intel are currently trading at $62.46, which is a +31% increase over the past month. Should investors buy shares now, or wait for the stock to dip?