50.00 +0.06 (0.12%)
Pre-Market: 9:02AM EDT
|Bid||50.00 x 4000|
|Ask||50.09 x 900|
|Day's Range||48.89 - 49.99|
|52 Week Range||42.36 - 59.59|
|Beta (3Y Monthly)||0.67|
|PE Ratio (TTM)||11.27|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||1.26 (2.55%)|
|1y Target Est||51.74|
U.S. retail sales beat expectations in June, climbing 0.4% last month. Jimmy Lee, CEO of The Wealth Consulting Group, joins Seana Smith on 'The Ticker' to discuss.
Taiwan Semiconductor Manufacturing (TSM), the world’s largest contract chipmaker, competes with Samsung Foundry (SSNLF) and Global Foundries.
Advanced Micro Devices (AMD) is set to report its Q2 earnings on Wednesday, July 24. The semiconductor firm's stock has surged 79% for far this year.
Intel has a new multiyear tech partnership with German enterprise software giant SAP that’s designed to boost cross-selling opportunities between the two companies.
Chipmaker Nvidia is at the forefront of AI and machine learning, but earnings and share prices have dived. Here is what fundamental and technical analysis say about buying Nvidia stock now.
The technology sector may have led the charge this year, up more than 40% since the late-2018 low. But, as we head into the dog days of summer and what's usually a slow patch for the third year of a presidential term, those very same tech stocks are looking uncomfortably vulnerable to a wave of profit-taking.Not every technology name is too risky to step into at this time, however. There are a handful of them with more upside ahead than behind. Granted, it takes some scouring to find them, but they're out there. * 10 Best Cryptocurrencies to Keep on Your Radar To that end, here's a rundown of the top tech stocks to buy in an environment that's not decidedly bullish. A handful of them may be a little off the radar, but that's the point. The broad sector tide tends to push the most familiar names around with it. Standouts tend to march to the beat of their own drum, and are equipped to perform here in the second half of 2019.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Intel (INTC) Click to EnlargeThere's no getting around the fact that Advanced Micro Devices (NASDAQ:AMD) caught rival CPU maker Intel (NASDAQ:INTC) off guard back in 2016.Largely left for dead, mired in its own irrelevancy, AMD's CEO Lisa Su hit the ground running with a plan, when she took the helm back in 2014. A couple years later, AMD's new Ryzen series of processors and impressive leaps with graphics processors and 7 nanometer technology put Intel on its heels.AMD played a big role in creating the headwind that has held INTC stock since, and a string of uncovered security flaws in some of its older processors did the rest of the work.No company becomes more innovative and effective than a company fighting to hold onto its leading position in its respective markets though, and Intel is (finally) doing that. Although its 7 nanometer CPUs have been put off until 2021, stop-gap technologies like its Ice Lake architecture are powerful enough compared to similarly priced options, while Intel gets back in the game.The recent weakness in INTC stock is a chance to step into an underestimated company on the cheap. The trailing and forward-looking price-to-earnings ratios are both just over 11. L3Harris Technologies (LHX) Click to EnlargeIn some circles it's still just being called L3, though as of April, a so-called merger of equals gave birth to what's now properly called L3Harris Technologies (NYSE:LHX) … an organization that spans the defense contractor and technology space.It has not been a poor performer. In fact, it's up more than 40% year-to-date, and seemingly still going strong. * 10 Monthly Dividend Stocks to Buy to Pay the Bills There's confusion within the actual act of the merger though, which was only completed at the beginning of this month when the new ticker "LHX" went into service. Still not knowing where to look, and in many cases still lacking any analyst outlooks, many investors don't know or can't fully appreciate that a 10% dividend hike has already been put in place, and a twelve-month stock-buyback program of $2.5 billion has already been established. Alphabet (GOOGL) Click to EnlargeAlphabet (NASDAQ:GOOG, NASDAQ:GOOGL), parent of search engine giant Google, may have gotten this year started on the right foot. That early advance was clearly up-ended in early May though, when an earnings miss sent the stock careening from a high near $1,280 to a low near $1,000 in early June.Investors largely lost perspective though. Sales were still up year-over-year last quarter. Operating cash flow was up year-over-year too. While per-share profits fell even when stripping out the impact of a steep fine, however, this is still Alphabet, which still owns Google. It's proven to be one of the best stocks to buy specifically because the company finds a way to constantly renew its reach into consumers' digital lives. It's proven a particularly good buy on dips like the one seen just a few weeks ago. Microchip Technology (MCHP) Click to EnlargeWhen investors think of tech stocks to buy, Microchip Technology (NASDAQ:MCHP) isn't a name that tends to come up first, if at all. The company isn't exactly on the front lines, so to speak, putting its logo on the hardware technology owners hold in their hands or have on their desks.In turbulent times though, perhaps being a little bit off the radar is a good thing.To that end, Microchip Technology has solid exposure to the pieces of the technology market that are solidly resistant to cyclical headwinds. It makes microcontrollers, analog and digital converters and LED-backlighting solutions, just to name a few. Its wares are found in everything from automobiles to smart meters to home appliances, and more. * 10 Stocks Driving the Market to All-Time Highs (And Why) This diverse product base is a key part of the reason that, though it ebbs and flows in the meantime, the bottom line reliably grows for the long haul. Square (SQ) Click to EnlargeWhile rival Paypal Holdings (NASDAQ:PYPL) continues to be the dominant player in the alternative payments space -- particularly now that it owns Venmo -- Square (NYSE:SQ) somehow seems to be making inroads with younger consumers that are starting to enter their highest earnings years.More important, it's drawing a larger crowd on the newest frontier of the payment space. As of June, Instinet says, there are more active users of Square's peer-to-peer money transfer app than there are users of PayPal's option.If that's a microcosm of how Square's payment processing platform resonates with consumers (and it at least partially is), then the younger company is well positioned to take more than its fair share of the ever-changing money middleman market.Perhaps more important, this year's and next year's strong revenue growth is expected to drive a major push into profitably. Last year's bottom line of 47 cents per share is projected to reach 76 cents this year and $1.12 next year. Dell Technologies (DELL) Click to EnlargeAlthough taken private in 2013, computer maker Dell Technologies (NYSE:DELL) became a publicly traded entity again in 2018 following a complex spin out and repurchase from VMware (NYSE:VMW).It has been a well-received return thus far. Although volatile, the long-standing advance since 2016 when it was still a tracking stock of VMWare is still in place, with this year's selloff starting to be unwound again.Investors are still struggling to find analyst outlooks for the new/reborn company, while those who've found some have to like what they see. Next year's projected earnings of $7.29 per share on respectable revenue growth translates into a forward-looking P/E of less than 8. * 7 of the Best Smart-Beta ETFs to Target Right Now Perhaps better still, Gartner says PC shipments grew by 1.5% last quarter. It's a start. Arista Networks (ANET) Click to EnlargeArista Networks (NYSE:ANET) was not only bold enough to take on a venerable Cisco Systems (NASDAQ:CSCO) within the networking market, it was savvy enough to capture a respectable piece of the market. Capitalizing on Cisco's complacency, Arista leveraged its software-driven, cloud-based solutions into more than $2 billion worth of revenue over the course of the past four quarters.That's still relatively small in the grand scheme of things, and ANET is still a relatively expensive stock. It's one of the best stocks to buy among tech stocks, however, as it's en route to a big coming-of-age next year.With top-line growth expected to reach just under 20% this year and next, last year's per-share profits of $7.96 are projected to reach $10.56 next year. That translates into a forward-looking price-to-earnings ratio of right around 26 … a very reasonable price to pay for a small cap facing the kind of opportunity Arista has in front of it. FireEye (FEYE) Click to EnlargeIt's not the biggest cybersecurity outfit, and it may not be the best. FireEye (NASDAQ:FEYE) stock, however, may be the name in the business offering the most upside to newcomers if Stoic Point Capital Management analyst Raj Shah's intuition is on target.Shah wrote last month "We estimate FireEye trades at a nearly double-digit 2021 FCF yield and is worth $23-$30 per share, driven by continued execution and leverage." Shah went on to explain "Cybersecurity spending is expected to grow at an 8% CAGR over the next few years, well ahead of overall IT spending growth. It is a unique pocket of enterprise spending as companies are reticent to be thrifty amid state-sponsored cyberattacks, data leaks, and privacy concerns." * 7 Battery Stocks for High-Powered Gains Investors lost faith in the story late last year, but are starting to wade back into the trade. International Business Machines (IBM) Click to EnlargeThe turnaround International Business Machines (NYSE:IBM) CEO Ginni Rometty is leading has been interesting to watch, even if ineffective thus far. Despite solid revenue growth from the company's so-called "strategic imperatives" like mobile and security, it has not been enough to offset headwinds on other fronts. Last quarter's total top line was down nearly 5%.The tech giant may have reached a turning point though. While this year's top line is expected to shrink by another 3%, next year's estimated revenue suggests revenue will be flat.What happens beyond that is still too uncertain to say with any great confidence, but the deal announced on Tuesday morning to provide software-defined networking solutions for AT&T (NYSE:T) in addition to the recently completed acquisition of Red Hat suggest IBM may truly be on the cusp of rekindled growth. Corning (GLW) Click to EnlargeCorning (NYSE:GLW) may not be the growth machine it once was, but don't count it out. What it lacks in raw horsepower it more than makes up for in value and reliability. The 5G evolution that's now underway? The bulk of the data loads that the new high-speed wireless technology will facilitate won't actually be handled wirelessly, but rather, through fiber optic cables like the ones Corning makes.That's not necessarily the reason Corning is quietly one of the best stocks to buy, however. Rather, Corning is a standout among tech stocks largely because the company's leadership is so deliberate and self-directed. Just after completing a four-year, goal-oriented plan it called its "Strategy and Capital Allocation Framework" earlier this year, it unveiled another one called "Strategy and Growth Framework." * Top 7 Semiconductor ETFs to Buy Now This 2020-2023 plan is specifically going to dive into new kinds of glass pharmaceutical packaging at the same time it continues to capitalize on the growing mobile touch-screen market.As of this writing, James Brumley held long positions in Alphabet and FireEye. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post 10 Tech Stocks That Are Still Worth Your Time (And Money) appeared first on InvestorPlace.
The US-China trade deal is reportedly 90% complete. However, it’s the remaining 10% that’s turning out to be difficult.
Intel (INTC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investing.com – Advanced Micro Devices (NASDAQ:AMD) shares slid on Thursday as Mizuho called time on the chipmaker’s dramatic rally, citing “limited upside” ahead.
Intel Corporation today announced that its board of directors has declared a quarterly dividend of $0.315 per share ($1.26 per share on an annual basis) on the company’s common stock. Intel (INTC), a leader in the semiconductor industry, is shaping the data-centric future with computing and communications technology that is the foundation of the world’s innovations. Find more information about Intel at newsroom.intel.com and intel.com.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 51 years ago, Intel Corporation (NASDAQ: INTC ) was founded. Where The Market ...
Taiwan's TSMC forecast that robust demand for 5G chips will drive a stronger second-half even as it anticipates a dispute between Japan and South Korea involving chip-making materials to be a big source of uncertainty. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) forecast third-quarter revenue to rise as much as 8.4% from a year earlier in U.S. dollar terms. TSMC, which makes modem chips for U.S. chipmaker Qualcomm Inc, is expected to see early gains from the shift to 5G as smartphone makers including Samsung Electronics Co Ltd and Huawei race to develop phones enabled with that technology.
(Bloomberg) -- Toshiba Memory Corp., the world’s second-largest memory chipmaker that was spun out of its parent last year, is changing its name to Kioxia as it gears up for an initial public offering.By taking a new name, the semiconductor company is marking a clean break from its roots as a unit of Toshiba Corp., which retained a 40% stake after selling it to a group led by Bain Capital. Kioxia is an invented word that combines the Japanese word for memory — kioku — and axia, the Greek term for value. The new moniker takes effect Oct. 1 under the full name Kioxia Holdings Corp.“It’s really meant to denote a fresh start as an independent company,” said Stacy Smith, the former Intel Corp. chief financial officer who became chairman of Toshiba Memory last year. “We’re not running from our rich heritage.”Toshiba, a Japanese conglomerate founded in the 1800s, invented flash memory three decades ago. The chips are used to store data in iPhones and other smartphones, as well as gadgets such as USB drives and memory cards. Memory chips are also displacing hard drives in the data centers that power cloud-based computing services and internet businesses because of their speed and reliability. Toshiba had to sell the business to pay for losses at its bankrupt nuclear power unit.While Bain has made clear that it’s planning to hold an IPO for the business by mid-2021, local media have reported that it may file for a public sale as soon as this summer or September. The investor has hired banks including Nomura Holdings Inc. and Mitsubishi UFJ Financial Group Inc. to handle the IPO, people familiar with the matter have said. Smith declined to comment on the timing of the planned IPO.Separately, Smith said the company’s main factory, which was hit with a power outage on June 15, would return to full production capacity over the next several weeks. Equipment at the plant, in Yokkaichi, Japan, is already back online and is now being ramped up, he said. The disruption also impacted Western Digital Corp., its manufacturing partner at the plant.“The silver lining to that one was it happened in a time when supply was ahead of demand,” Smith said. “That’s helping us to minimize the impact on our customers.”Although Toshiba was the leader in NAND flash memory, it was outspent over the years by the likes of Samsung Electronics Co. The South Korean electronics conglomerate controlled 30% of the market at the end of 2018, followed by Toshiba with about 19%, according to researcher TrendForce Corp. The industry is now shifting to so-called 3-D NAND, which Toshiba believes gives it an edge against Samsung.Asked about recent trade tensions between Japan and South Korea, and the potential impact on memory prices, Smith said he didn’t see any impact that diverged from industry forecasts.Toshiba has been increasing investments at its Fab 6 chip facility in Yokkaichi, and also announced plans to build a new plant in the northern prefecture of Iwate that will begin mass production in 2020.\--With assistance from Yuki Furukawa.To contact the reporter on this story: Jason Clenfield in Tokyo at firstname.lastname@example.orgTo contact the editors responsible for this story: Edwin Chan at email@example.com, Reed StevensonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Some of the product news from last week were about Apple services and iPhones, Facebook Oculus, Intel's 5G patents and Amazon's satellites.
While not widely popular nor cheap to do — 50% of the U.S. didn’t even want to fund the mission, which cost about $25 billion in 1969 — its impact still reverberates today.
Qualcomm (NASDAQ:QCOM) stock has its share of challenges.The mobile chip maker saw a nice pop in mid-April, with shares rising from about $57 up to as high as $90 after settling its litigation with Apple (NASDAQ:AAPL). But concerns with a Federal Trade Commission (FTC) antitrust ruling have pushed the stock down to the $65-$75 price level.With government rulings threatening the company's competitive advantage, what is the next move for Qualcomm stock?InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip Read on to see why QCOM stock is a hold: Good News and Bad News for QCOMThe April Apple settlement boosted Qualcomm stock. After years of an ugly patent dispute, Apple settled, agreeing to pay Qualcomm between $4.5 billion and $4.7 billion and start a six-year licensing agreement.This good news helped push QCOM stock to new highs. Unfortunately, it was chased with a heavy dose of bad news.In May, Qualcomm stock tumbled after a ruling from the FTC. The FTC found that the company was engaging in unfair trade practices, exploiting its size to keep out competition and squeeze cell phone manufacturers. Qualcomm was ordered to license its technology to rival chip makers, negatively impacting the company's "edge."But Qualcomm has received a reprieve: the U.S. Department of Justice (DoJ) has asked the appeals cause to pause the antitrust ruling. The DoJ cited "Qualcomm's critical role in 5G technology in the short-term" as the rationale behind their decision.Does this mean QCOM is out of the woods? Maybe, maybe not. While the DoJ and other agencies believe Qualcomm's market power to be in the national interest, it is clear that QCOM's days of high margin licensing could be over.Without high margins, it becomes tougher to justify Qualcomm's valuation. With nonexistent growth, investors need a reason to keep bidding up QCOM shares. Qualcomm Earnings: Where is the Growth?QCOM last announced earnings on May 1st. For the quarter ending March 31, 2019, sales were down 5% year-over-year (YoY), primarily due to declines in the company's QTL licensing segment (down 8% YoY).Non-GAAP EPS for Q2 FY19 was 77 cents a share, about the same (78 cents) as in Q2 FY18.The company's aggressive share buyback program has been a factor in maintaining EPS. Qualcomm bought back $22.6 billion worth of shares in FY18, and has already bought back $1.02 billion in FY19. The company has $7.8 billion remaining under their current stock repurchase program.Qualcomm has also been able to maintain EPS via cost cutting. As discussed in the last 10-Q, QCOM successfully reduced annual operating costs by $1 billion.But to move the needle, Qualcomm needs organic growth. While the adoption of 5G is a solid future catalyst, it could be years before the new technology reaches critical mass. Qualcomm's investor communications speak little of "game-changers" in the pipeline.However, even with a lack of a growth story, Qualcomm does not trade at a discount. Let's take a look at its earnings multiples relative to peers: QCOM Stock Fairly ValuedCompared to its peers in the semiconductor space, Qualcomm's valuation seems reasonable. QCOM stock trades at 15 times forward earnings, and has a EV/EBITDA ratio of 14.9.Here are the earnings multiple metrics for Qualcomm's peers:Intel (NASDAQ:INTC): 11x forward earnings, EV/EBITDA of 7.3Texas Instruments (NASDAQ:TXN): 20.6x forward earnings, EV/EBITDA of 15.4Broadcom (NASDAQ:AVGO): 12x forward earnings, EV/EBITDA of 14.2With Qualcomm stock trading at EBITDA multiples similar to AVGO and TXN, it is hard to make a value case for QCOM. Until a solid discount to peers emerges, it is tough to find a compelling reason to enter the stock. Bottom Line: Avoid QCOM StockFor investors looking to enter Qualcomm today, the stock is not a buy. Despite the reprieve from the DoJ, Qualcomm's competitive advantage is materially impacted by the FTC decision.If the high operating margins of licensing are impacted, it becomes tougher to justify QCOM stock's current valuation. QCOM could be a buy if it starts trading at a discount to TXN and AVGO, but for the time being the stock appears fairly valued relative to its peers.On the other hand, QCOM could be attractive to dividend investors. As InvestorPlace contributor Brad Kenagy pointed out, QCOM offers a fairly high dividend yield (3.3%). Coupled with the company's buyback strategy, QCOM shareholders could see benefit even if the share price treads water.The next big move in QCOM stock will likely come from the company's earnings announcement on July 31st. Excluding the one-time item from the Apple agreement, QCOM projects quarterly non-GAAP diluted EPS to be between 70 cents and 80 cents per share, down 20-30% YoY.If QCOM exceeds expectations, shares could see a bump. But given they are not out of the woods regarding the antitrust decision, additional upside remains limited.Investors should take all of these factors into consideration before initiating a position in Qualcomm stock.As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post Qualcomm Earnings Still Threatened by FTC Ruling appeared first on InvestorPlace.
Over the last few quarters, big tech companies have been under the scanner. There are issues ranging from monopoly to handling customer data.
Intel Corp. may have a better-than-expected June-ending quarter at the expense of next quarter as PC sales rose partly in anticipation of upcoming tariffs in the ongoing U.S. trade war with China.
Advanced Micro Devices (NASDAQ:AMD) is back at the highs. The AMD stock price cleared $33 last week, something it's managed to do a few times in the past year. Each time, those levels have proven to be bad news for Advanced Micro Devices stock.Source: Shutterstock AMD stock got there for the first time last September, reaching a 12-year high at the time. It immediately dipped. After two more tries, the chip sector as a whole collapsed. The AMD stock price went from $33 to $17 in a matter of weeks.AMD stock briefly touched $34 last month. It fell promptly declined 15% over the next five sessions.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's pretty clear that levels around $33-$34 have proven to be resistance for the AMD stock price. The question now, particularly with Q2 earnings on the way in two weeks or so, is whether this time will be different. * 7 Dependable Dividend Stocks to Buy The Risks to the AMD Stock PriceThere are three reasons to see current levels as potentially risky for Advanced Micro Devices stock. The first is precisely that history, particularly in the context of chip stocks more broadly. Big earnings from Micron (NASDAQ:MU) have helped boost the sector in recent weeks, admittedly.But semiconductor stocks have seen quite a bit of volatility over the past year. Micron may have touted optimism - but Broadcom (NASDAQ:AVGO) did largely the opposite. Even before those reports, this has been a space where investors are best off zigging while the market zags, buying when sentiment turns sour and selling when optimism returns. That's held for AMD as well, obviously, given the stock has doubled from December lows.As such, resistance here may be firm. And that risk is buttressed by fundamental concerns. As I wrote last month, at those June highs, AMD stock isn't cheap. It trades at over 32x next year's consensus EPS. The average Wall Street price target still sits below the current price.Analysts don't always have it right, obviously (that's been particularly true in the chip space over the past eighteen months), but 32x is a big multiple for chip stock. Investors in Nvidia (NASDAQ:NVDA) learned what happens when an investor overpays for growth in such a cyclical industry. If only on a short-term basis, investors in Advanced Micro Devices have learned the same lesson a few times.And the third risk for AMD is the earnings report on the way, likely at or around the end of this month. Expectations clearly are high. AMD has stumbled after earnings in the past - most notably with a 22% decline after the Q3 report in October. AMD needs a big quarter to keep a repeat from occurring this time around. The Case for Advanced Micro Devices StockThe simple answer to all those worries is: so what? AMD stock has climbed the "wall of worry" for years now. After all, this was a $2 stock as recently as 2016, with real fears that the company might eventually declare bankruptcy.That's obviously no longer the case. AMD's new chips have made it a formidable competitor to Nvidia and Intel (NASDAQ:INTC). Intel's repeated mistakes only increase the possibility of more market share gains, more growth, and a higher AMD stock price. And those self-inflicted wounds at AMD's key competitor, along with reports of strong PC sales, suggest Q2 numbers will be impressive.Broadly speaking, this simply is a much better business than it was, and it's a really good business on its own. The "old" Advanced Micro Devices was a second-tier provider of chips for low-priced PCs. But it's now a more diversified player in terms of both PCs and growing end markets like data centers. AMD stock might not be cheap, but it shouldn't be cheap. The Bottom Line on Advanced Micro Devices StockBoth sides can make a strong case at the moment, which makes Q2 earnings particularly important. Technically and fundamentally, AMD stock is likely to move further in whatever direction it trades after the report.Big numbers lead to higher earnings estimates and likely a series of analyst upgrades that can further goose the stock. That, in turn, pushes AMD through resistance, which usually (though not always) triggers higher prices.Anything less, however, and history suggests Advanced Micro Devices stock could have a problem. We've seen AMD move from $33+ to under $30 in a blink. Bad news, or even an outlook that doesn't quite match currently optimistic expectations, could do the same, or worse.All told, I'd expect that a month or two out, AMD stock isn't trading at $33. But which way it moves will depend largely on what kind of story Advanced Micro Devices can tell with its second-quarter report.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post Advanced Micro Devices Stock Could Be Set to Finally Bust Through appeared first on InvestorPlace.
Corporate profits for 2Q 2019 are expected to be weak, and a growing number of CEOs and other top executives are offering negative guidance.
U.S. equities continue to show an upward bias on Monday, with the S&P 500 holding above the 3,000 level while the Dow Jones Industrial Average remains north of the 27,000 level. Impressive gains all around as Wall Street continues to look past things like uneven economic data and an inverted yield curve to focus instead on the dovish policy pivot by the Federal Reserve and the likelihood of interest rate cuts later this year. A number of mega-cap components in the Dow are perking up nicely and still present attractive entry points for buyers on the sidelines looking to get into the action. The early action in many of the names seems predicated on a thawing of U.S.-China trade relations later this year. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond With all of that in mind, here are five Dow Jones stocks to consider: InvestorPlace - Stock Market News, Stock Advice & Trading Tips Caterpillar (CAT) Click to EnlargeShares of heavy equipment maker Caterpillar (NYSE:CAT) are extending further away from its 200-day moving average to close in on the prior high set back in April. A breakout here would put an end to a long downtrend pattern going back to January 2018 and would set the stage for a challenge on the prior record high near $170, which would be worth a gain of more than 21% from here. The company will next report results on July 24 before the bell. Analysts are looking for earnings of $3.12 per share on revenues of $14.5 billion. When the company last reported on April 24, earnings of $2.94 beat estimates by 8 cents on a 4.7% rise in revenues. Disney (DIS) Click to EnlargeDisney (NYSE:DIS) shares keep marching higher, pushing to new records as it exits a multi-year funk. The opening of the new Galaxy's Edge theme park area as well as the approach of the release of the latest Star Wars movie has investors excited about ticket sales and merchandising revenue heading into the holiday shopping season. * 7 Services Stocks to Buy for the Rest of 2019 The company will next report results on Aug. 6 after the close. Analysts are looking for earnings of $1.76 per share on revenues of $21.5 billion. When the company last reported on May 8, earnings of $1.61 per share beat estimates by 4 cents on a 2.6% rise in revenues. Goldman Sachs (GS) Click to EnlargeShares of Goldman Sachs (NYSE:GS) are pushing away from a consolidation range going back to last fall with an extension away from its 200-day moving average. The stock is benefiting from expectations of easier policy from the Federal Reserve later this year, which would bolster long-term interest rates and help with net interest margins. Watch for a run at the mid-2018 highs near $240, which would be worth a gain of more than 14% from here. The company will next report results on July 16 before the bell. Analysts are looking for earnings of $4.82 per share on revenues of $8.6 billion. When the company last reported on April 15, earnings of $5.71 beat estimates by 69 cents on a 12.6% decline in revenues. Home Depot (HD) Click to EnlargeHome Depot (NYSE:HD) shares are enjoying an extended rally off of their 200-day moving average, setting up a run to new record highs after breaking up and over old resistance near the $210 a share level. Falling long-term interest rates could help the housing market enjoy another surge of activity after a lack of affordability dampened activity last summer. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The company will next report results on Aug. 20 before the bell. Analysts are looking for earnings of $3.09 per share on revenues of $30.9 billion. When the company last reported on May 21, earnings of $2.27 beat estimates by 8 cents on a 5.7% rise in revenues. Intel (INTC) Click to EnlargeIntel (NASDAQ:INTC) shares are breaking up and out of resistance from their 200-day moving average to end a two-month funk and close in on the gap down range near $55. Such a move would be worth a gain of 10% from here. Remember that semiconductors are the raw materials that the modern economy runs on, with pretty much every device containing processing power of some type these days. A turnaround in economic activity, spurred by easier money, will benefit chipmakers like Intel. The company will next report results on July 25 after the close. Analysts are looking for earnings of 88 cents per share on revenues of $15.6 billion. When the company last reported on April 25, earnings of 89 cents per share beat estimates by 2 cents on $16 billion in revenues. As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post 5 Dow Jones Stocks to Buy Now appeared first on InvestorPlace.