$Intel(INTC)$ I think the stock has pretty much bottomed out at this point. Unless something major happens to make things go south again, I expect it to just bounce around in this range for a while. The good thing is, all the bad news is already priced in—like, the market has been pretty brutal with its pessimism. Honestly, it would take some serious screw-ups for this stock to dip much further.

I’ve actually taken advantage of these low levels and added more to my long-term position. I’m holding onto about 11,000 shares for the next 3 to 5 years. The rest of my shares, I’ll trade around the 19-23 range until we break out of it. It’s all about playing the range for now and being patient. I’m feeling good about this move because I really believe the upside is there once we get past this phase.

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