We recently published a list of Top 10 Stocks to Watch as Investors Brace for Potential Recession. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against other top stocks to watch as investors brace for potential recession.
President Donald Trump’s new reciprocal tariff announcement is hammering stock markets around the world as countries face a new reality and trade dynamics. The rising volatility has increased recession risks. Goldman Sachs recently said that it sees a 35% chance of a recession in the next 12 months, up from 20% previously. The bank also cut its 2025 GDP forecast to just 1% and raised its year-end unemployment rate outlook by 0.3 percentage points to 4.5%.
China and key European countries are beginning to respond to the latest tariffs and will likely impose retaliatory tariffs on US products, causing a further downturn in consumer sentiment. Kara Reynolds, an economist at American University, told ABC News that a pullback in spending from consumers and businesses due to these uncertainties can tip the US into a recession.
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For this article, we picked 10 stocks currently on Wall Street’s radar. With each stock, we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A technician soldering components for a semiconductor board.
Number of Hedge Fund Investors: 68
Kim Forrest from Bokeh Capital said in a latest program on Schwab Network that she’s still holding on to Intel Corporation (NASDAQ:INTC). Here’s why:
“I continue to hold it because its drubbing at the end of last year just made me think, you know, look, there’s more value in this name than anybody is recognizing at this point. And maybe, maybe just maybe, Pat Gelsinger saying, “Hey, we’re going to be a foundry,” made people look and say, “Look at all those foundry assets that they have.” And he was not able to turn this company around in the time and the way he wanted, but I think it is a vestige of his past that now, of all places, TSMC is looking, going, “Hey, maybe we can make something out of this company by adding their expertise to the foundries.” And I think that is the most exciting thing, and I’ve been waiting for somebody on the board or the next CEO to think out of the box to try to get some shareholder value back in this name.”