A hot stock is always awesome until it’s not or the market takes out the whole sector.
INTC has been good for the past few years. Probably not for the next year or so. I guess investing in NVDA, MU, AMD would have provided a better return in the past few years. Probably I’m too conservative and worried about getting burned by corporate risk – a lower P/E and better cash flow mitigates some of this.
Dividends are great too (it’s a different investment strategy), but chasing yields has other problems such as companies with high debt (AT&T), risk of dividend cut, and opportunity risk.
