Stomach Churning Move In Intel (INTC)

Trading and investing can certainly feel like a roller coaster ride. Risk abounds in today's volatile and fast moving markets. Just take a look at Intel INTC shares today. The stock has plunged 4.27% to $19.77 after it was downgraded at Robert W. Baird. The firm's analysts cited a sharp deterioration in PC-related order trends and lowered their price target from $30 to $20. Now for many stocks, a +4% daily move in either direction is fairly ho-hum, but Intel (INTC) is a blue-chip, lower-beta type name. One of the things that makes the shares attractive to many investors is its lower volatility. With the recent plunge in Hewlett-Packard HPQ as a result of unexpected news, and now today's INTC sell-off, some large-cap tech investors on the Street are likely licking their wounds and hoping for better days.