Intel shares jump on earnings, but the stock still looks good


Intel (INTC), the world's biggest chip maker and a component of the Dow Jones Industrial Average ($INDU), saw its shares pop as much as four percent at one point on Wednesday after the company offered a better-than-expected outlook for the fourth quarter.

But if you missed out on the stock's rise, don't fret. Intel's fundamentals are robust and its valuation still reasonable. Even better, its position as an early cycle stock portends further share-price gains.