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Is Intel Corporation (INTC) One of the Best Socially Responsible Stocks to Buy According to Hedge Funds?

The article discusses whether Intel Corporation (INTC) is considered one of the best socially responsible stocks to buy, based on hedge fund investments and its corporate social responsibility (CSR) efforts. Intel has been recognized for its commitment to sustainability, diversity, and inclusion, with initiatives like aiming for 100% renewable energy use by 2030 and achieving gender pay equity. Hedge funds like Citadel Investment Group and AQR Capital Management have shown significant interest in Intel, with the company ranking 17th on a list of socially responsible stocks favored by hedge funds. Intel's efforts in reducing greenhouse gas emissions, water usage, and waste, along with its focus on ethical supply chain practices, underline its appeal as a socially responsible investment. However, the article also notes that while Intel scores well on CSR, its stock performance and other financial metrics should also be considered by potential investors.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/general/is-intel-corporation-intc-one-of-the-best-socially-responsible-stocks-to-buy-according-to-hedge-funds/ar-AA1xKwOr ]