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r/wallstreetbets
A little 48 hour day trade (take 2)
Investor summaryBullish
Author made a quick profit on a full-port Intel trade after BofA raised its price target amid the AI chip rally.
Bull points
- Intel is considered the cheapest among the major chip giant stocks.
- Bank of America raised Intel's price target, acting as a positive catalyst.
- The broader AI and chip rally is providing strong tailwinds for the sector.
Post body
I full port bought Intel due to it being the cheapest of the chip giant stocks, the next day it got a price target increase by Bank of America and I set a sell target for a number I felt was reasonable. This AI/ chip rally has been great for my account!
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