Nvidia (NVDA) will replace rival chipmaker Intel (INTC) in the Dow Jones Industrial Average, S&P Dow Jones Indices announced late Friday. Sherwin-Williams (SHW) will step in for Dow Inc. (DOW). The changes will take place before the open on Friday, Nov. 8.
https://www.investors.com/news/nvidia-to-join-dow-jones-industrial-average-replacing-intel/
https://en.wikipedia.org/wiki/Motors_Liquidation_Company
This is a roadmap for what may happen to Intel shareholders in the future post bailout..
Over the last 2 years, I've been using my quick sale proceeds to buy NVDA (before that it was FAANG & Mag. 7). I stopped buying/holding INTC about 10 years ago. I tried to get a cpl other engineers to sell their INTC holdings & quick sale, and trade for NVDA. This was while INTC was still in the $30 - $40 range and NVDA was also in the $40 range. I don't have any stock picking magic, just able to make educated financial forecasts for both companies.
I know, Pat & ELT was making promises of a successful & lucrative rebound but you have to look at what's happening, not listen to what others say is happening.
Where do you see INTC in 5 years? Where do you see the competition's stock?