Does it pay to trade “left for dead” stocks? Not always. But one former household name in the technology sector is rewarding patient investors – and it provides an object lesson in the benefits of bargain hunting!

Take a look at today’s MoneyShow Chart of the Day, which shows how Intel Corp. (INTC) shares have traded over the last two years. You couldn’t give this chip giant away in late 2024 or early 2025. But it has been moving nicely higher for months – and now it’s breaking out to the upside.

Intel Corp. (INTC)

chart

Source: StockCharts.com

A KeyBanc analyst report provided the latest catalyst. John Vinh upgraded INTC to “overweight” amid operational changes and a pickup in CPU chip sales. An $8.9 billion US government investment last year, plus improving expectations for new chips based on “18A” manufacturing techniques, have also given Intel a leg up.

What REALLY seems to be helping, though, is investor sentiment. Who was left to sell the stock after such a long, painful decline into 2024-2025? Hardly anyone, right? Instead, washed-out sentiment and positioning created the conditions for a rebound – and the catalysts I just highlighted fueled it.

Worth noting: MoneyShow contributor Joe Markman of Digital Creators & Consumers said a turnaround was coming when he recommended INTC for last year’s MoneyShow Top Picks report. Sure enough, the stock is up 140% since then (You can get Joe’s 2026 picks – and everyone else’s – here FREE).

Long story short? Sometimes stocks the market leaves for dead…aren’t REALLY dead. And the rewards for trading them can be sizable.