Fair Value? Really?

With 5,300 stocks out there, it’s a pretty good bet that a pretty solid percentage are complete crap and should be completely off-limits for individual investors. And I will be so bold as to say that even within Morningstar’s cozy little neighborhood of 700 stocks, there will be more than a handful of crap.

The Strong Arm of U.S. Chip Rules

If you aren’t aware of the Biden administration’s actions regarding China’s semiconductor industry, it’s pretty simple: American companies have been banned from selling advanced semiconductors to China. The ban also covers the equipment needed to make and test semiconductors.

The Case Against Intel

Last week, semiconductor giant Intel (NASDAQ: INTC) reported earnings that were…um…bad. Intel shares closed at $30.03 on Thursday, January 26. The stock opened for trading Friday morning at $27.07, down 10% after a surprise earnings miss.