Hi, Considering INTC as a giant tech company which has been beaten down recently with P/E of less than 9 and Dividend rate of 3%, I call it a buy as a value stock. It can easily bounce to 47 and then to 50. It is considered as a boring investment by many investors but I like to buy INTC at current levels than chasing high flying stocks. Current price $44.35. It will go ex dividend on Nov 5 with $0.33 dividend.
INTC is heavily short now. But who knows for sure. That statement was my feeling based on experience and not guaranteed.