To say the market has started the year off on the wrong foot is an understatement. This is especially true in the high beta NASDAQ growth names. The Nazzy is now off to the worst start to a year since 2008.
Nervousness about the markets is evident. Both the VIX and VXN -or VIX of the NASDAQ- are near the highest levels of the past 12 months. Important to remember, however, that volatility begets opportunity. Warren Buffett said as much when he stated “Be Greedy When Others Are Fearful”. Time to get a little greedy and add some lower risk, lower beta exposure names to the portfolio at lower prices.
2022 may finally be the year when value stocks outperform growth. This is especially true given that the Fed will be raising rates for the first time since 2018 plus begin to taper in earnest. Rising rates not only pressure profit margins for corporations but also compress valuation multiples such as P/E and P/S.
This is a great time to sift through the recent rubble to uncover value stocks that look poised to be potential outperformers in this market environment. One name that fits the bill is Intel.
Discover more about Intel stock here
The post Intel Is the Perfect Stock To Buy When the Chips are Down originally appeared at StockNews.