Is Intel Corporation (INTC) a Smart Healthcare Play?

Of course, Intel Corporation (NASDAQ:INTC)’s bread and butter comes from supplying processors for mobile devices, personal computers, and servers. Use of all of this hardware is growing as government regulations and competitive pressures push health care providers to implement technology. The company’s product line includes cloud solutions for electronic medical record systems and health information exchanges and security solutions for ensuring the privacy and security of health data.

Gold rush
While I like Dishman’s space race metaphor, there’s another analogy that fits — a gold rush. Back in the days of America’s previous gold rushes, lots of players rushed to the scene as soon as gold was discovered. Some struck it rich, but many didn’t do so well. That same scenario will likely play out with the health care gold rush. There’s a lot of money to be made, but not all will succeed.

I think Intel will be one of the success stories. The main reason why I think so is that Intel is more akin to the suppliers of shovels than the gold miners themselves. Intel can win in nearly every facet of health care — providers, payers, pharmaceutical companies, medical device makers, software companies, and more — by providing solid underlying technology that helps these organizations succeed. Is buying Intel stock a smart health care play? It just might be as good as gold.

The article Is Buying Intel Stock a Smart Health Care Play? originally appeared on Fool.com is written by Keith Speights.

Fool contributor Keith Speights has no position in any stocks mentioned. The Motley Fool recommends Intel and VMware. The Motley Fool owns shares of General Electric Company, Intel, and VMware.

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