NO Earnings Warning This Quarter.......YIPPEEE!!!!
There's one business day left in the quarter and Intel didn't warn, in fact compared to last quarter there are far fewer earnings warnings. It looks like INTC can get to 24 in the short term, from there ????
The ONLY thing that matters is the forward guidance and comments.
The stock market ONLY looks forward.
Now if they say some good stuff that shows growth again, you will be a happy stock owner.
Intel is very very large, so it is hard to get that growth, but the world is a funny place.
No warning this quarter is in effect, positive forward guidance after last quarter. I don't think they will blow any doors off, but all the signs indicate something positive. With the stock near it's 52 week low, it has a good chance for 10 to 20% move in the next month or so.