Investing in Intel: A Good Idea for 2010

Intel (INTC), the famous chip maker whose major competitors include Advanced Micro Devices (AMD), Qualcomm (QCOM) and Texas Instruments (TXN), started the new year off on a great foot. According to Eric Buscemi's roundup Monday, the company received an upgrade from Baird which gave it a price target of $26. Intel closed on Monday at $20.88.