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- The top threads from /r/wallstreetbets on April 12
The top threads from /r/wallstreetbets on April 12
The top threads from /r/wallstreetbets on April 12
Intel stock has not performed well compared to competitors AMD and NVIDIA
Reasons for Intel's struggles include lack of cutting-edge products, dysfunctional structure, and China's potential phase out of foreign chips
Despite the challenges, the poster believes Intel is a strong buy at its current price
Intel is releasing a chip that can beat NVIDIA's H100
Demand for AI chips is high, and Intel is expected to benefit from increased demand
Intel is the only major domestic chipmaker and will likely benefit from national security efforts to boost domestic chipmaking capabilities
The poster expects Intel's earnings call on 4/25 to positively impact the stock, and suggests a call spread strategy for potential profit.
Warren Buffett bought 3.8 million shares of Occidental Petroleum (OXY) in early February 2024 at $56 and $57 per share.
Buffett now owns 248,018,128 shares of OXY.
Occidental Petroleum recently broke out of a bull flag pennant.
Earnings for OXY are on May 7, 2024.
Scotiabank raised their yearly target price for OXY to $90.00 from $63.00.
Some investors are following Warren Buffett's lead in buying OXY.
Stephanie Pope was appointed COO of Boeing but is now leading the commercial airline business.
Industry observers are skeptical if Pope has the right skills to fix Boeing's troubled airliner division.
Boeing is looking for a new CEO to replace Calhoun due to recent crises, including the 737 MAX blowout incident.
Pope is described as a hard worker, good listener, and consensus-builder, but lacks experience in managing a plane program.
The production of Boeing's best-selling 737 MAX has slowed down due to manufacturing process issues.
Wall Street and airlines are looking for someone with manufacturing knowledge to address Boeing's production problems.
Pope has a background in finance and was previously in charge of aftermarket parts and services at Boeing.
There are doubts about Pope's ability to reassure customers and restore morale among Boeing's workforce.
Pope's leadership skills are praised, but questions remain about her ability to lead Boeing's commercial airline division effectively.