INTC - Intel Corporation
47.68 +0.22 (0.46%)
Pre-Market: 5:00AM EDT
| Previous Close | 47.19 |
| Open | 46.95 |
| Bid | 47.50 x 2900 |
| Ask | 47.75 x 1200 |
| Day's Range | 46.80 - 47.73 |
| 52 Week Range | 42.36 - 59.59 |
| Volume | 31,096,251 |
| Avg. Volume | 23,972,768 |
| Market Cap | 212.478B |
| Beta (3Y Monthly) | 0.60 |
| PE Ratio (TTM) | 10.71 |
| EPS (TTM) | 4.43 |
| Earnings Date | Jul 25, 2019 |
| Forward Dividend & Yield | 1.26 (2.67%) |
| Ex-Dividend Date | 2019-05-06 |
| 1y Target Est | 52.72 |
- Morningstar•2 days ago
Cheap but Risky Stocks, Fund Ratings Performance, and Bonds
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- Market Realist•3 days ago
What’s the Possibility of Intel’s Resorting to CPU Price Cuts?
DigiTimes recently reported that Intel planned to slash the prices of its eighth- and ninth-generation desktop central processing units by 10%–15%. Though Intel hasn't confirmed the rumor, its previous announcements have signaled that it could resort to price cuts if need be.
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- Market Realist•3 days ago
Rumor: Intel Plans Desktop CPU Price Cuts—A Gambit Against AMD?
Taiwan's DigiTimes, citing sources familiar with the matter, has reported that Intel recently informed PC and motherboard manufacturers of its plans to slash the prices of its eighth- and ninth-generation Coffee Lake desktop CPUs by 10%–15%.
- InvestorPlace•3 days ago
Forward-Thinking NVDA Is Likely Still the Best Chipmaker Deal
Among semiconductor firms, Nvidia (NASDAQ:NVDA) is easily one of the toughest names to call. After suffering devastating losses in 2018, NVDA stock gained significant traction this year. At one point, shares gained over 47% against the January opener. But a deteriorating relationship between the U.S. and China quickly eroded sentiment.Source: Shutterstock Currently, the Nvidia stock price is hanging around just above $154. At this level, shares are looking at a year-to-date profit of 18%. It's an okay performance but after tanking like it did last year, NVDA cannot settle for this mediocrity. However, with a rough market impacting the semiconductors, investors are naturally concerned about the next phase for the chipmaker.In addition, Nvidia stock faces serious competitive threats. While competitors like Intel (NASDAQ:INTC) have so far produced ho-hum returns, that's not the case for Advanced Micro Devices (NASDAQ:AMD). Sharply contrasting with Nvidia's volatile ride, AMD has more or less enjoyed an upwardly linear trajectory this year. At time of writing, AMD gained 67% YTD.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Stocks Ready to Bounce on a Trade Deal It's not just trading sentiment that has driven the smaller rival skyward. At the world's largest computer conference Computex 2019, AMD introduced an array of products. This time around, though, the company wanted to prove a point. No longer satisfied with producing lower to mid-tier "value" chips, AMD went toe-to-toe with Intel over the premium-products sector.If you just look at the statistics, it appears AMD is winning.Moreover, AMD has something for NVDA as well. The former's gaming chips are aggressively infringing on Nvidia's territory. For instance, AMD secured a deal with Microsoft (NASDAQ:MSFT) to supply chips for the next-generation Xbox console.Is there any hope for the Nvidia stock price to stage a comeback? A Broader Scope Helps Insulate NVDA StockI think it's fair to say that semiconductors (and tech stocks generally) are emotional investments. Sure, fundamentals ultimately drive the markets. But sometimes, pockets of irrationality lever unusual influence on chipmakers.Right now, the Nvidia stock price is caught on the wrong end of this spectrum. We have a hungry rival in AMD -- which unquestionably attracts strong emotions -- seeking credibility at the alpha dogs' expense. Admittedly, they're doing a fine job of disrupting the CPU and GPU markets with their recent outsized chips.However, modern semiconductors can't just rely on producing products for PCs and gaming consoles. Based on the rapid changes in this digitalization economy, they have to think bigger. And few companies think as big as NVDA.That's the reason why Daimler's Mercedes-Benz teamed up with Nvidia to develop autonomous cars. In fact, the partnership extends much deeper. The German luxury automaker envisions a single system that carries both self-driving capabilities and smart functions within the cabin.Better yet, this deal isn't just a one-off benefit for Nvidia stock. Instead, the company is making a further push toward 21st century transportation. For instance, management recently inked a deal with Volvo. With this partnership, the two organizations are hoping to make autonomous trucking a reality.Specifically, Volvo will utilize Nvidia's artificial-intelligence platforms "for training, simulation, and in-vehicle computing." The goal here is to make driverless commercial trucks a practical and safe component of our transportation networks.This is two high-profile automotive deals within a half-year period. It begs the obvious question, why?Simply, over the last several years, NVDA stock has been much more than just an investment toward a fast GPU. Don't get me wrong; it's certainly that. But focusing only on this aspect misses the longer-term potential. Nvidia Stock May Lose Some Battles to Win the WarBecause NVDA is a much more complex animal than when it first started, the company can't win all its battles. That's why I don't think investors should be overly concerned about specific issues, such as Nvidia conceding ground to AMD over gaming-console chips.For one thing, Microsoft's announcement wasn't a surprise. Both Microsoft and Sony (NYSE:SNE) have had extensive relationships with AMD to supply their gaming chips. It's a lost opportunity for Nvidia, but nothing that would have me hitting the panic button.More importantly, I'd rather win the decisive battles. For instance, if autonomous vehicles become mainstream, Nvidia would have near-insurmountable dominance in this segment. Moreover, the autonomous industry -- unlike gaming -- has limited risk from Chinese competitors.I say this because underlining the trade war is both nations' desperation to gain a technological edge over the other. Winning in autonomous vehicles would lead to profound synergies, further expanding Nvidia's scope. * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 On the other hand, winning in gaming? That's a commoditized battleground that anybody with enough money can achieve. NVDA, though, is playing the long game which necessarily involves sacrificing nearer-term pleasantries. Still, in this semiconductor discount, I'd rather have my money go where relevancy is more likely.As of this writing, Josh Enomoto is long SNE. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post Forward-Thinking NVDA Is Likely Still the Best Chipmaker Deal appeared first on InvestorPlace.
- Business Wire•3 days ago
Media Alert: Intel at Cyber Week Tel Aviv 2019
Join Intel at Cyber Week to learn more about how Intel’s innovation, together with partners and customers, is building the trusted foundation for computing in a data-centric world.
- Reuters•3 days ago
UPDATE 3-U.S. bars China supercomputer firms, institute from buying American parts
The U.S. Commerce Department said on Friday it was adding several Chinese companies and a government-owned institute involved in supercomputing with military applications to its national security "entity list" that bars them from buying U.S. parts and components without government approval. The export restriction announcement adding the firms to what is effectively a trade blacklist is the latest effort by the Trump administration to restrict the ability of Chinese firms to gain access to U.S. technology amid an ongoing trade war. The department said it was adding Sugon, the Wuxi Jiangnan Institute of Computing Technology, Higon, Chengdu Haiguang Integrated Circuit and Chengdu Haiguang Microelectronics Technology - along with numerous aliases of the five entities - to the list over concerns about military applications of the supercomputers they are developing.
- Zacks•3 days ago
The Zacks Analyst Blog Highlights: Alphabet, Tesla, Uber Technologies, Intel and Nvidia
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- Zacks•3 days ago
Will Weakness in Memory Market Hit Micron (MU) Q3 Earnings?
Micron's (MU) third-quarter fiscal 2019 results are likely to be hurt by inventory adjustments at several client companies.
- InvestorPlace•3 days ago
Investors Should Avoid Intel Stock … For Now
Conditions in the market have quickly gone from utter fear to unadulterated cheers. Yet, when it comes to Intel (NASDAQ:INTC), I'd caution bullish investors what's gone up on the Intel stock chart, is also likely to come back down. Let me explain.Source: Shutterstock From May's pervasive and hard-hitting market correction and its attached-at-the-hip trade war concerns, Wall Street has gotten a case of the proverbial giggles in June. The upbeat shift has the S&P 500 hitting new all-time-highs Thursday. But when it comes to Intel stock and its chances for similar celebrations, investors shouldn't hold their breath just yet.Buoyed by strong earnings and fresh highs from tech giant Oracle (NYSE:ORCL), broker-driven technical leadership from Microsoft (NASDAQ:MSFT), a bid in oil and FOMC follow-through, the broader market has its share of reasons for setting new records. The same, however, can't be rightfully said about Intel stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsShares of INTC have rallied this month alongside the market's own bid. In fact, Intel stock is up about 8% compared to the S&P 500's own gain of just over 7%. But I'm afraid that's as good as it gets for the chip giant right now. * 10 Monthly Dividend Stocks to Buy to Pay the Bills I'd caution competitive threats from Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA) reinforced during Intel's analyst day last month and April's bearish outlook point to a challenging company-specific business environment that shouldn't be dismissed so quickly. And even if you are a contrarian and see the upside in Intel stock's current situation, a quieted but still lurking trade war threat could become an even larger enemy of the state for INTC. Intel Stock Weekly Price Chart Click to EnlargeDon't get me wrong, I'm not warning of Intel stock's demise and I'm certainly not bearish on its price chart. The provided well-detailed weekly view of Intel stock shows an abundance of Fibonacci and trend-lines spanning decades that continue to back the uptrend in shares. And INTC shares have moved favorably over the past month in appreciation of those technical supports.At the May bottom, Intel stock formed a bullish higher double-doji-pivot low backed by a flatter trendline developed over the past 18 months. The reversal also successfully tested the uppermost layers of a massive Fibonacci price band. And with stochastics sporting a supportive-looking oversold crossover, there's a lot to like on the INTC price chart going forward.But that doesn't mean buying Intel stock today is a good investment, even if you are a bullish contrarian.The current rally coupled with Intel stock's overall weakness of the past few months has shares testing resistance from prior trendline support dating back to 2017, as well as the 200-day simple moving average. It's enough of a technical barrier, that in conjunction with Intel's business risks, my recommendation is investors take a wait and see approach for the time being.If shares pull back in the coming couple of weeks and confirm the May low, buying Intel stock as a contrarian position prior to late July's earnings makes sense. I would, however, advise exiting before or after the report, if May's bottoming pattern is broken by more than 1%. If that possibility becomes a reality, it's my view the risks increase exponentially that an out-of-favor INTC could be facing even bigger challenges off and on the price chart in the months ahead.Disclosure: Investment accounts under Christopher Tyler's management currently own positions in Advanced Micro Devices (AMD) and its derivatives but no other securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. . For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 * 5 Boring Stocks to Buy This Summer * 7 S&P 500 Stocks to Buy With Little Debt and Lots of Profits Compare Brokers The post Investors Should Avoid Intel Stock … For Now appeared first on InvestorPlace.
- Motley Fool•3 days ago
Is Advanced Micro Devices a Buy?
The chip maker is scoring points across the board, fueling top-line growth, and gaining market share.
- InvestorPlace•3 days ago
Nvidia Stock Shows Life Ahead of a Key Second Half
Support has held for Nvidia (NASDAQ:NVDA) shares again. In late May, the Nvidia stock price dipped below $135. As was the case in November, late December, and late January, NVDA stock rebounded.Source: Nvidia There has been some outside help, admittedly. Progress on the trade war with China has boosted the entire chip sector. The tech-heavy NASDAQ Composite looks like it's targeting new all-time highs. But at least for now, the market seems to have a threshold where it decides the Nvidia stock price is just too cheap.The question now is whether that support can hold again, if tested. And that comes down to the chipmaker's performance in the second half of its fiscal 2020. That starts about six weeks from now. This is a second-half story, as I've written earlier this year and as NVDA management itself has insisted.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf management is right, the rally could keep going. I remain skeptical, given long-term risks. Plus, the short-term news of late looks mixed. NVDA Stock and the Second HalfTo be sure, it's widely known that NVDA relies on a second-half recovery. Management made that case after fiscal-fourth-quarter results. They even took the unusual step of offering full-year guidance to highlight the dichotomy between the first and second half. * 6 Stocks Ready to Bounce on a Trade Deal So far, Nvidia continues to sing the same tune. CFO Colette Kress reiterated on Q1's conference call in mid-May that "we expect a stronger second half than the first." Last week, at an investment conference, she said much the same regarding data-center demand.There are two factors at play here. First-half results last year, in the company's fiscal 2019, were enormously impressive. In retrospect, those results were driven by demand for cryptocurrency mining. In the first half of this year, Nvidia faces very difficult comparisons. It's also suffering from what the company itself has called a "crypto hangover." At the same time, data-center demand has slowed, as key customers paused spending.In the second half, however, the situation reverses. Comparisons get easier, particularly in Q4. And data-center growth -- as Kress said last week -- should return. And so the Street at least sees revenue declining 18% in Q2 and 6% in Q3 before a sharp rebound (+47%) in Q4 sets up 20% growth in fiscal 2021. The Importance of the RecoveryThe question now is whether that recovery is on the way. And it's not just a matter of NVDA earnings rebounding a quarter or two early -- or a quarter or two late.First, management's credibility is at stake. Last year, Nvidia clearly misjudged cryptocurrency demand both financially and operationally. The company didn't see the drop-off in sales coming. Unfortunately, it overproduced GPUs, leading to an inventory glut in the first half of this year. Another broken promise will make Nvidia a "show me" story for some time to come.Secondly, data-center demand in particular must come back quickly. That's an area where investors see years of double-digit growth ahead. A longer slowdown will raise fears that demand issues aren't short-term, but rather a sign that investors (and management) simply overestimated the market opportunity.And third, Nvidia has an opportunity to take share from Intel (NASDAQ:INTC) in that market. Intel is dealing with shortages and a number of other unforced errors. Its leadership team seems more cautious about second-half demand. If Nvidia sees a recovery and Intel doesn't, that's a sign that Intel's dominance in that market is eroding further. That leaves NVDA and Advanced Micro Devices (NASDAQ:AMD) likely picking up share. But Is It en Route?Is that recovery on the way? We'll see. CFO Kress' sentiment toward data center, and similar comments from another Nvidia executive regarding AI a week before, unquestionably are good news. We don't know exactly how clear is Nvidia's visibility into Q3 and Q4. However, the company hasn't backed off its forecast yet.On the other hand, chip giant Broadcom (NASDAQ:AVGO) sounded much more cautious after its fiscal Q2 report last week. The day before, Evercore (NYSE:EVR) pushed its forecast for a recovery well into 2020. As MarketWatch noted after Nvidia earnings last month, Microchip Technology (NASDAQ:MCHP) CEO Steve Sanghi "lightly walked back" his call of a bottom in chips.To be sure, Nvidia doesn't necessarily play in the same markets as those other chipmakers. It's possible NVDA could follow the bullish trajectory while the rest of the space stays stuck near the bottom of the cycle. Still, after the debacle last year, it's wise to take Nvidia management's projections with a grain of salt.With Nvidia stock still off the lows, there is a case to stay patient. After all, the recovery can come in Q4 FY2020 or Q3 FY2021. NVDA still isn't that expensive on an earnings basis, though it's not cheap by chip standards. The long-term growth drivers -- data center, artificial intelligence, autonomous driving -- are mostly in place.But AMD is rising as a real competitor. I personally still see self-driving cars as a long way off. And investor patience is likely going to wane if NVDA is overpromising again. Nvidia stock has bounced off support several times. It won't be able to do so forever.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post Nvidia Stock Shows Life Ahead of a Key Second Half appeared first on InvestorPlace.
- InvestorPlace•3 days ago
June Sees AMD Stock Dip Amid Its Continuing Year-Long Recovery
Advanced Micro Devices (NASDAQ:AMD) had been on a roll through June, culminating with an impressive 7.86% gain on June 10 that put AMD stock at a new high for 2019. After a weeklong slide that saw AMD stock price dip below $30, it's been bouncing back, but slowly. However, after gaining ground earlier this week, it's once again sliding, including a 1.61% drop on Thursday that put it just a penny above that $30 mark. Sometimes the road to recovery can be rocky…Source: AMD AMD's primary revenue source is its Computing and Graphics division. In the first quarter, this segment brought in $831 million out of $1.27 billion in total revenue for the period. That was down 26% year-over-year, and although the drop was expected -- the bottom falling out of the crypto currency mining business was sure to be a boat anchor on GPU sales -- AMD stock took a hit after those numbers were reported. Rivals Nipping at AMD's HeelsIt's useful to see how Advanced Micro Devices stock has performed compared to its rivals in that Computing and Graphics division. InvestorPlace - Stock Market News, Stock Advice & Trading TipsNvidia (NASDAQ:NVDA) is AMD's primary competition in graphics cards. And while graphics card sales took a hit industry-wide because of the crypto collapse, Nvidia managed to gain ground on AMD. In Q4 2018, it was reported that Nvidia had grabbed a commanding 80% of the desktop GPU market, up from 66% the year before. However, when you look at the trajectories of these two stocks so far in 2019, they are very different. Since the start of the year, AMD stock is up 78.9% while NVDA has posted 19.63% growth. Over the past three months, amid the renewed threats of tariffs as the China-U.S. trade war escalates, the AMD stock price has still gained 9.36% while NVDA has been in a slump, losing 16.76%. * 7 Top-Rated Biotech Stocks to Invest In Today When it comes to desktop and laptop PC processors, AMD's competition is Intel (NASDAQ:INTC). And while Intel still dominates that market, AMD has been successfully chipping away at its lead. A new generation of AMD Ryzen processors announced in May has the potential to extend those gains even further. Intel's stock has gained 5.8% since the start of the year, compared to that 78.89% growth for AMD stock. And during the past three months -- where Intel has not only been hurt by the China situation, it was also hit by another high profile CPU vulnerability -- Intel stock has lost 13.31%. Positives Driving Advanced Micro Devices Stock RecoveryThe question has to be asked: With the trade war with China affecting the entire tech industry, dried up demand for GPUs affecting both Nvidia and AMD, and Nvidia growing its lead in desktop GPUs, why is AMD stock outperforming its rivals to such a high degree in 2019?A big part of the answer is correction. Advanced Micro Devices stock was actually trading at around the same levels last fall as it is today. But a Morgan Stanley downgrade in October caused AMD stock to crater. Since then, the AMD stock price has been on a slow but steady rise, getting a big boost on June 10 when the same MS analyst raised his outlook on the company. What looks like huge gains is really Advanced Micro Devices stock recovering, climbing back up to its 2018 levels. AMD may have lost ground in the desktop GPU market, but there is buzz building about its newly announced 7nm Radeon graphics cards and they could help to win back ground lost to Nvidia. The latest Ryzen CPUs look to be even more competitive with Intel's best to keep that segment growth going. And AMD has won a series of high profile gaming contracts. The company's processors and GPUs will be powering the forthcoming Playstation 5 and Xbox Scarlett game consoles, as well as the new Stadia game streaming service from Alphabet's (NASDAQ:GOOGL) Google. That Stadia announcement alone gave AMD stock a 12% boost. * 5 Stocks to Buy for $20 or Less A big test of investor confidence will be AMD's Q2 earnings, due to be announced on July 23. With Q2 EPS projected to be 8 cents (a year-over-year decline of nearly 43%) and revenue also expected to be down, the question will be whether optimism for AMD will prevail. If not, June 10 may turn out to be the 2019 high point for Advanced Micro Devices stock.As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post June Sees AMD Stock Dip Amid Its Continuing Year-Long Recovery appeared first on InvestorPlace.
- InvestorPlace•3 days ago
Now That the Turnaround Is Complete, AMD Stock Is Cooling Off
It's not to suggest shares of Advanced Micro Devices (NASDAQ:AMD) will never move higher again. But, for the time being anyway, AMD stock has arguably climbed as far as it's going to climb.Source: AMD That's not going to be a premise most fans and followers of the rebuilt company embrace. Aside from the well-established momentum that's pushed the stock higher since late last year, Advanced Micro Devices just recently unveiled several next-gen products expected to drag the company even deeper into the black.The fact that rival Intel (NASDAQ:INTC) is on the ropes and competitor Nvidia (NASDAQ:NVDA) has yet to fully answer the call only bolsters the bullish case.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe turnaround story is entering a new chapter though, and analysts are now tacitly saying where it's going is less meaningful than where it is. * 6 Stocks Ready to Bounce on a Trade Deal A Closer Look at AMD StockIt's a rarity for a stock to actually reach a consensus target. Far more often than not, the same improving fundamentals that drive a stock higher prompt analysts to up their forward-looking price targets, leaving most tickers perpetually chasing a carrot that always rests just ahead.Despite the impressive turnaround CEO Lisa Su has led since taking the helm in 2016 the next leg of forward progress is going to be even tougher than the past progress has been.The subtle clue of that looming reality lies not what in analysts have done, but in what they've not done. Despite room and reason to do so, the analyst community has refused to pump up their average price target any higher than its current reading of $30.18, even though AMD stock surpassed that level earlier this month.This isn't highly unusual for Advanced Micro Devices. The resurgence of the once-great company has captivated the masses, inspiring a similar scenario beginning in the middle of last year when the stock's price blew past the then-target price and continued to widen that divergence for several weeks. That was also the shape of things beginning in April of this year, albeit to a lesser degree. Analysts have at least been willing to match the stock's recent rise with their consensus target. Click to EnlargeIf it looks and feels different this time though, that's because it is. Then, even as the target price was rising, buy/sell ratings of AMD stock were falling, with the pros unsure of what to make of the matter. The pros weren't entirely sure of what to make of it.This time, the ratings are holding steady at just above a "Hold," and the market's willingness to not rush past the consensus suggests at least some investors are in agreement that the consensus target seems reasonable… even for this amazing turnaround story. They believe the turnaround was real. They just don't like the price one has to pay to participate in it.Analysts are quietly breathing a sigh of relief too, not feeling pressured to chime in with knee-jerk target increases only from fear of failure to make a profitable call.And there's the rub for newcomers. The turnaround story is running out of gas. It's not likely to be a coincidence that the peak from early June is almost perfectly aligned with the peak from September. The charts, fundamentals, media, analysts all are working together in effect. Looking Ahead for AMD StockNever say never. Right or wrong, the end of the trade could prove inspirational to all investors across the board. Should Intel announce another delay in the development of its next-generation chips, AMD benefits. Unless Nvidia comes up with a show-stopping product soon, AMD benefits. Some well-crafted enthusiasm could still pull a wave of new buyers into Advanced Micro Devices stock.Such an outcome is arguably less likely than it was a year ago though, now that the turnaround story has been told in its full glory. There's not a lot that's new to keep such tremendous bullish pressure applied. From here, the company will be judged on its results rather than its potential or its trajectory.It's something that hasn't been said of Advanced Micro Devices in a long, long time.Analysts aren't net-pessimists to be sure, but they clearly think the euphoria stage of the turnaround has run its course. The looming "show me" phase is a much tougher one.As of this writing, James Brumley held no positions in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post Now That the Turnaround Is Complete, AMD Stock Is Cooling Off appeared first on InvestorPlace.
- Investing.com•3 days ago
Stocks - Wall Street Lower on U.S-Iranian Tensions
The S&P; 500 inched down 5 points or 0.2% of 10:12 AM ET (14:12 GMT). The Dow was flat and tech-heavy Nasdaq composite fell 23 points or 0.3%.
- Zacks•4 days ago
How Much Are Micron's (MU) Q3 2019 Earnings & Revenue Expected to Fall?
Let's see what we should expect from Micron's third quarter fiscal 2019 financial results that are due out on Tuesday, June 25.
- Zacks•4 days ago
Make Way for Driverless Cars: Top 5 Gainers
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- InvestorPlace•4 days ago
Grab Intel Stock While You Can Get It at These Prices
Intel Corporation (NASDAQ:INTC) is finally enjoying a little bit of relief. Intel's stock price jumped three percent on Tuesday and has advanced nearly five points from its recent lows. But Intel stock is still in the doghouse compared to the overall market. The S&P 500 looks set to reach new all-time highs in coming weeks, and tech stocks are roaring higher as well.Source: Intel Intel's malaise is easy to understand. It is wildly out of favor at the moment, as are other leading semiconductor companies. That's because it's hard to handicap just how long the trade war will continue dragging on. And companies like Intel are highly reliant on China for product sales.Thus, it should come as no surprise that Intel's big bounce on Tuesday came with President Trump tweeting about progress in talks with China. Regardless, however, of whether a deal comes soon or still takes a while, INTC stock is a solid bargain at today's levels.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Stocks Ready to Bounce on a Trade Deal Intel Asks For Huawei ReliefWhile a lot of U.S. companies have been caught in the trade war crossfire, chipmakers have suffered the worst. That's because Chinese equipment makers tend to be the leading customers for many of these firms.Reuters reported that Huawei, for example, buys $70 billion per year of components. Of this, they spend roughly $11 billion on parts from American suppliers. Intel, Qualcom (NASDAQ:QCOM), and Micron (NASDAQ:MU) lead the way in sales to Huawei. Not surprisingly, these firms have appealed directly to the government for trade war relief.Intel's executives spoke with the Commerce Department in May, and Qualcomm has been actively lobbying the government as well. If no action is taken, Huawei is expected to shrink its international smartphone shipments by around 50 percent.It's unclear if these efforts will sway President Trump and his aides, but Trump is clearly motivated by trying to make the stock market go up. Trump has complained about Fed Chair Powell's tighter monetary policy and suggested that the Dow Jones index would be 10,000 points higher if the Fed had acted appropriately.He also tends to tweet positive remarks about the economy whenever the market is sliding. With that backdrop, one has to think Trump will try to make a deal, particularly if semiconductor companies continue to slump in the interim. Intel Stock: Super CheapIn a frothy tech market, Intel remained a bastion of value in recent years. In late 2017, that suddenly changed, however. Intel's stock price soared from $35 to nearly $60 inside of a year. That ended Intel's nearly 20 year period of stagnant stock performance following the tech bust of 2001.However, Intel stock has given back much of its recent gains. With shares down more than 20% from the recent highs while earnings continue to surge, Intel is a bargain again.How much so? It's now trading at 11x trailing earnings and just 10x forward earnings. Sure, there are some reasons for concern. Normally, also-ran AMD (NASDAQ:AMD) doesn't cause Intel much trouble. AMD, for the moment, is offering one of its most compelling product line-ups in the past decade, and that has caused some concern for Intel's market share.Make no mistake though, Intel still has far more resources and a much larger research budget. They'll keep dominating the PC chip industry for years to come. Meanwhile, other growth ventures such as Intel's push into self-driving vehicle tech offer great potential in coming years. It's amazing how the market is giving so little credit to Intel's growth prospects. Just 15x forward earnings would lift Intel's stock price to $67 per share. Strong Dividend PolicyIntel stock is also a reliable source of dividend income. With bond yields cratering again, investors have been racing into defensive stocks like utilities, REITs, and consumer staples. So far, investors haven't flocked into Intel yet. But, as an effective tech utility with a great balance sheet, conservative income investors should gravitate to Intel sooner or later.At this point, Intel is paying a 2.7% dividend. That's not huge, but it's well above the S&P 500 and the 10-year treasury bond which are both at 2.0% or lower. And that tends to come with solid dividend growth as well. Intel has averaged 8%, 6%, and 8% compounded dividend growth over the past three, five, and ten years, respectively. Intel Stock VerdictNo one knows how long the trade war will continue to drag on. I'd predicted that it would wrap up by now, and I've been wrong about that. Traders don't have a good sense either, judging by how much the market swings erratically on every new tweet from Trump's twitter account.Looking at the bigger picture, however, it's kind of silly how much impact the trade war has caused for Intel's share price. The company remains one of the most dominant positions in the tech industry. And for the first time in a while, it has a robust pipeline of growth opportunities that can cause the company's overall revenues and earnings to boom again.With the stock market pushing to new highs, Intel should catch up once trade drama simmers down. I see Intel stock hitting $60 per share - just 13x forward earnings - in the coming months.At the time of this writing, Ian Bezek owned INTC and QCOM stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post Grab Intel Stock While You Can Get It at These Prices appeared first on InvestorPlace.
- InvestorPlace•4 days ago
AMD Stock Is Down 15% in Five Days so Now Is the Time to Buy
It was a fun ride up, but Advanced Micro Devices (NASDAQ:AMD) is already on the way back down. AMD stock ripped higher to start the month, racing from $27.50 at the start of June to $34.30 just last week.Source: AMD That's a more than 24% rally in just a few sessions! But just like that, AMD stock has given back most of those gains, falling 15% in five days. It's got a number of investors asking, "Now what?"The company announced new chips during the E3 video game conference. Additionally, it was announced that the next-gen Xbox console from Microsoft (NASDAQ:MSFT) would also carry AMD chips. There's also the mobile tie-up with Samsung (OTCMKTS:SSNLF) that sent shares ripping.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn short? There have been a lot of positive catalysts for the company lately and management has shown that it can get the job done. There have been doubts all along AMD's run from $2 in 2015 to the recent high above $34. But so far those doubters are turning out to be long-term losers. I think AMD can keep proving those doubters wrong. * 7 Value Stocks to Buy for the Second Half While it will remain a volatile stock, AMD has been one to buy on major dips. Let's take a closer look. Valuing Advanced Micro Devices StockI really like Nvidia (NASDAQ:NVDA) over the long term. The company has the best GPUs and makes top-of-the-line products. Not long after AMD introduced the Radeon RX 5700 XT and RX 5700 GPUs (its new chips to compete with Nvidia) reports emerged of Nvidia having a new set of chips too. The company's reported "Super" line of GPUs crushed the market yet again.And that's just on the GPU front. Never mind the continuous flow of other news, whether it's ray tracing or advances in autonomous driving. But is this to say that Nvidia is a better pick than AMD?Not necessarily.Over the long term, I believe NVDA and AMD will both be big winners as technology continues to improve. That said, AMD is winning the short-term battle. Over the past year, AMD is up 82%. Nvidia stock is down 44% in the same span. The year-to-date is a thumping too, with AMD up 61% to NVDA's 10% advance.So it's not just AMD's run from $2 to $20+ that's fueling these big percentage gains. AMD is here and it's here to stay.Plus, the numbers make sense.Current estimates call for revenue growth of 6.2% this year and 21% next year. That's alongside estimates for almost 40% earnings growth in 2019 and 56% growth in 2020. Not only is it impressive to see accelerating growth from 2019 to 2020, but it's even more impressive when considering the growth rates vs. its peers. Estimates for both metrics in both years top the growth rates from both NVDA and Intel (NASDAQ:INTC). Trading AMD Stock Click to EnlargeThe financials and the technological trends for AMD check out, but what does the chart look like?As we pointed out at the top of the article, we've seen a quick 15% haircut in AMD's stock price. That's giving investors an opportunity to get long this name at more advantageous prices.While AMD broke below the 20-day moving average on Monday, it quickly reclaimed it on Tuesday. Although it's off its session highs -- rallying over 5% at one point -- the move was powerful. A tweet from President Trump hinting at a possible trade-war resolution woke up the chip space. If it comes to fruition, we will see these stocks fly higher. The Bottom Line on AMD StockFor now though, AMD stock is holding its 50-day moving average and uptrend support. Back over $30 and the 20-day moving average bodes well for bulls, although volatility is almost always present in a name like this.Against the $29 breakout, I feel comfortable owning Advanced Micro Devices stock. For those that can withstand a bit more heat, they can own AMD against the rising 50-day moving average.If the markets cooperate and the narrative around trade improves rather than worsens, it's not unreasonable to believe AMD can return to $33+ in the near term. Although it's also clear that $33.50 to $34 is resistance at the moment.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long NVDA and AMD. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post AMD Stock Is Down 15% in Five Days so Now Is the Time to Buy appeared first on InvestorPlace.
- Engadget•4 days ago
The Morning After: Microsoft's cheaper 15-inch Surface Book 2
Hey there! The birthplace of Juul (and many other players in the vape world) is closing in on an e-cigarette ban, and while Adam Sandler remains one of Netflix's big-hitters, more Stranger Things and Queer Eye episodes are incoming. Kano made what's ostensibly a Microsoft Surface For Kids. Kano is graduating from Raspberry Pi boards.
- Investing.com•4 days ago
Stocks- U.S. Futures Jump on Prospect of Fed Rate Cut
- Reuters•5 days ago
Dell, HP, Microsoft, Intel oppose proposed tariffs on laptops, tablets
Dell, HP and Microsoft, which together account for 52% of the notebooks and detachable tablets sold in the United States, said the proposed tariffs would increase the cost of laptops in the country. The move would hurt consumers and the industry, and would not address the Chinese trade practices that the Trump administration's office of the U.S. Trade Representative (USTR) seeks to remedy, the four companies said in a joint statement posted online.
- Zacks•5 days ago
Intel (INTC) Stock Sinks As Market Gains: What You Should Know
Intel (INTC) closed at $47.09 in the latest trading session, marking a -0.59% move from the prior day.
- Motley Fool•5 days ago
Recent Acquisitions by Google, Salesforce, and Intel Seem a Little Desperate
These tech giants are paying high prices for defensive acquisitions as their core businesses slow.
- Market Realist•5 days ago
Blackstone CEO Says Don’t Expect a Deal at G20
President Trump’s tweet about the upcoming meeting with Chinese President Xi Jinping helped boost market sentiments yesterday. Qualcomm (QCOM), Intel (INTC), and Advanced Micro Devices (AMD) rose 4.1%, 2.7%, and 4.3%, respectively.
