Are Microsoft Corporation (MSFT) and Intel Corporation (INTC) on the Comeback Trail?

Does the shoe actually fit?
There’s been some chatter in the media proclaiming “the return of Wintel” and how “uncool” technology names have become trendy again. As a long-term investor, you probably have no interest basing your investment decisions on trendiness. Ultimately, long-term fundamentals will dictate a stock’s trajectory. If IDC has a good handle on where the PC market is headed, it’s pretty clear that Microsoft and Intel are going to be out billions in revenue. What’s unclear is if they can replace that lost revenue with enough gains from mobile.

That said, I find it difficult to justify Intel Corporation (NASDAQ:INTC) and Microsoft Corporation (NASDAQ:MSFT)’s short-term outperformance relative to its long-term fundamentals.

The article Are Microsoft and Intel on the Comeback Trail? originally appeared on Fool.com.

Fool contributor Steve Heller owns shares of Qualcomm and Intel. The Motley Fool recommends Intel and owns shares of Intel, Microsoft, and Qualcomm.

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