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.