NEW YORK (

TheStreet

) --

Intel

(Nasdaq:

INTC

) hit a new 52-week high Thursday as it is currently trading at $24.92, above its previous 52-week high of $24.85 with 25.5 million shares traded as of 10:40 a.m. ET. Average volume has been 68.5 million shares over the past 30 days.

Intel has a market cap of $129.3 billion and is part of the

technology

sector and

electronics

industry. Shares are up 17.5% year to date as of the close of trading on Wednesday.

Intel Corporation engages in the design, manufacture, and sale of integrated circuits for computing and communications industries worldwide. The company has a P/E ratio of 10.2, below the average electronics industry P/E ratio of 10.7 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Intel as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Intel Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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