Intel Added, to Tech-up the Portfolio

Today I added a position of Intel Corp. (INTC) to the virtual portfolio, picking up 3,811 shares at $26.23 each, for a current total position value of $99,542.94. I had previously mentioned Intel in my post A Bullish Start for the New Year! There has really been quite a good deal of exciting news about Intel lately.

Though the trailing price/earnings is 19.58, the forward price/earnings is only 16.02. In addition, their debt/equity ratio is only 0.019, and their net profit margin is 21.8%. When compared side-by-side with Advanced Micro Devices Inc. (AMD), one can clearly see that AMD's fundamentals simply do not measure up to Intel's. Plus, it just seems silly to invest in a company that has a trailing price earnings of 513!

Some promising financial news about Intel:

Forbes.com: Intel's Leap Ahead Could Enable Double-Digit Earnings Growth - "Thornhill said Intel’s new branding strategy to broaden its PC user base could enable sustained double-digit EPS growth. "

washingtonpost.com: Apple introduces first Intel-based computers - "The new Apple iMacs are based on Intel Core Duo microchips and are set to begin shipping on Tuesday, the company said."

TheStreet.com: Apple Puts Intel Inside - "The new Intel-based systems come some five months before Apple had promised."

Also, as an aside and followup to a post about Wrigley's, here is an article about Wrigley making it to the '100 Best Comapanies to Work For' list in FORTUNE Magazine.