|Bid||58.50 x 800|
|Ask||58.51 x 900|
|Day's Range||58.12 - 58.88|
|52 Week Range||42.36 - 59.59|
|Beta (3Y Monthly)||0.49|
|PE Ratio (TTM)||13.06|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||1.26 (2.35%)|
|1y Target Est||54.59|
This weekend's Barron's cover story features a close look at a popular music streaming service. Other featured articles examine the prospects for a beverage giant, a semiconductor leader and a hot IPO. ...
Hours after Qualcomm and Intel reached a deal around 5G chips, Intel decided to back away from its own wireless chip business. The step foreshadows a more disciplined approach from Intel.
Bizzabo, Payfone, Kangaroo, Amenity Analytics, Jumprope, Native and Chainalysis Inc. also raised capital.
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Qualcomm rise after settling a dispute with Apple Qualcomm (QCOM) stock has gained 38.3% and added $30 billion to its market value since it resolved its legal
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Apple’s concerns with Qualcomm Qualcomm (QCOM) was a major supplier of chips to Apple’s (AAPL) smartphones until the release of the iPhone 7 in September 2016.
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Intel’s exit from the 5G phone business On April 16, Intel (INTC) announced that it is planning to exit the 5G smartphone modem market, as it wants to put its
Semiconductor ETFs Trade at 52-Week High: Time to Sell?(Continued from Prior Part)Semiconductor ETFs’ price momentum The iShares PHLX Semiconductor ETF (SOXX) and the VanEck Vectors Semiconductor ETF (SMH) hit a new 52-week high on April 17 due to
Semiconductor ETFs Trade at 52-Week High: Time to Sell?SMH hits a new 52-week high The VanEck Vectors Semiconductor ETF (SMH) hit a new 52-week high of $118.83 on April 17, driven by a more-than-20% increase in Qualcomm’s (QCOM) stock and
Qualcomm Surges on Apple Settlement and Intel's 5G Chip ExitQualcomm stock rose Qualcomm (QCOM) stock soared ~12.3% on April 17 to $79.08 as investors continued to celebrate the chipmaker’s announcement on April 16 that it had settled its
[Editor's note: This story was previously published in February 2019. It has since been updated and republished.]The stock market is on fire right now. Year-to-date, the S&P 500 is up 16%, and it isn't even May yet.While I've been bullish on this 2019 stock market turnaround for some time now, I also realize that there are still risks out there which could subdue the current rally in stocks. U.S. and China trade talks are progressing, but there's no resolution yet. The global economy remains healthy, but it is slowing. Consumer confidence remains high, but it is dipping. Earnings remain strong, but costs are rising, margins are dropping and earnings growth is slowing.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOverall, the current economic backdrop for stocks is bullish, but it has risks. Right now, valuations seem to reflect reality. Thus, the outlook for continued gradual gains is healthy.But with stocks set to slow, now is a good time to start buying into dividend stocks. These stocks tend to outperform when the broader stock market slows since they are seen as protection from volatility. Further, dividend stocks could get a nice boost in 2019 if the Fed remains cautious, doesn't hike, and rates largely remain low. * 5 Dividend Stocks Perfect for Retirees Overall, now seems like a good time to add some stability to the portfolio through dividend stocks. With that in mind, here's a list of seven healthy dividend stocks to buy in 2019. AT&T (T)Telecom giant AT&T (NYSE:T) has been burdened by a huge and growing debt load, and slowing operations in its core wire-line businesses.AT&T stock remains at an attractive entry point for dividend investors. The dividend yield is 6.37%. That's near a five-year high. The forward earnings multiple is 8.8. That's near a five-year low.In other words, around $32, AT&T stock is cheap. It won't remain cheap for long. More aggressive pushes into the streaming market will ultimately offset cord-cutting weakness, and the mainstream deployment of 5G coverage in 2019 will help boost profits in the wireless business. Overall, the fundamentals will stabilize in 2019, and once they do, AT&T stock will rally in a big way. Intel (INTC)With a mere 2.35% dividend yield, Intel (NASDAQ:INTC) may seem like a surprise entry on this list. But, you don't buy Intel stock for the yield. You buy Intel stock for growth at a reasonable price and you get a 2.35% yield on top of that.At its core, Intel stock is the cheapest and most stable way for investors to gain exposure to all of tomorrow's most relevant growth markets. You name it, Intel has exposure to it through its portfolio of chips. Data-centers? Intel is the biggest supplier. Internet-of-Things? Intel has a huge presence there. AI? Intel is at the front of that innovation frontier. Autonomous driving? Intel has scored multiple self-driving partnerships. * 5 Dividend Stocks Perfect for Retirees Overall, Intel stock has a ton of long-term growth potential through its multi-faceted exposure to multiple secular growth markets. Yet, the valuation today remains exceptionally reasonable, at just 11.4 earnings. Thus, Intel stock is big growth at a reasonable price, and there's a 2.35% yield to boost investor returns. Target (TGT)Much like Intel, Target (NYSE:TGT) is a typical growth at a reasonable price stock. But, it's also a strong dividend stock, with a dividend yield that currently sits just under 3.2%. Thus, with Target stock, investors get the best of both the growth and stability worlds.The fundamentals are currently favorable for Target stock. The U.S. consumer remains largely healthy. There has been some weakness in the consumer with rising rates and stock market volatility, but such weakness hasn't been enough to derail the consumer. Moreover, Target has been on fire in terms of building out omnichannel commerce initiatives and expanding its product portfolio. The combination of these efforts has made Target one of the hottest stories in the entire retail world.Target stock trades at just 13.4 forward earnings with a near 3.2% yield. Thus, the stock is cheap against a favorable operating backdrop. That combination will ultimately lead to Target stock becoming a winner in 2019. American Electric Power (AEP)On more of the pure dividend play side is utility giant American Electric Power (NYSE:AEP).When it comes to the fundamentals, you won't find many stocks supported by more stable fundamentals than AEP. American Electric Power is a massive electric utility company that delivers electricity to more than 5 million customers across eleven states. Demand for electric service is much like demand for water -- it's not away any time soon, regardless of which way the economy swings. As such, the demand drivers here are stable, as are the company's revenues and profits. * 5 Dividend Stocks Perfect for Retirees Meanwhile, AEP stock sports a 3.2% dividend yield. With rates on hold, that yield is more attractive today than it was a few months ago, when the Federal Reserve was consistently hiking rates. Thus, so long as the Fed remains on hold in 2019, AEP stock should outperform as dividend stocks come back in favor. Disney (DIS)Although Disney (NYSE:DIS) isn't a utility company like American Electric Power, it does benefit from similar stability in demand, revenues and profits.Disney doesn't offer electric services. But, it offers other things that the consumer arguably can't live without -- the world's greatest movies and theme parks, robust access to live sporting events, and a handful of quality TV shows and channels. Demand for these services and goods is stable in the big picture. To be sure, cord cutting is hurting the company's traditional media business. But, even that major headwind hasn't really depressed revenues and profits that much, and DIS stock has simply traded sideways as a result (as opposed to falling by a bunch).In 2019, that headwind will disappear with the launch of a Disney streaming service. As that headwind disappears, this stock will rally from a current valuation low that comprises a 20 forward multiple and 1.6% dividend yield. Thus, calendar 2019 could be a big breakout year for DIS stock. Exxon Mobil (XOM)A highly underrated dividend stock that could have a big 2019 is Exxon Mobil (NYSE:XOM).The recovery in oil prices in early 2019 has led to a sharp recovery in shares of XOM. Many analysts expect this to continue. Global demand appears to be firming up thanks to stabilizing economic conditions. Meanwhile, the world's major oil suppliers seem increasingly committed to synchronizing production cuts. Firming demand coupled with falling production should lead to a rally in oil prices, which in turn should lead to a rally in XOM stock. * 5 Dividend Stocks Perfect for Retirees This is especially true considering the valuation underneath XOM stock today. The yield is at 4.1%. That's a multi-year high. The forward multiple is 15. That's near a multi-year low. As such, you have a cheap stock with improving fundamentals. That's a winning combination that should power XOM stock higher in 2019. McDonald's (MCD)Very few companies have performed as consistently well as McDonald's (NYSE:MCD) over the past several years.During that stretch, McDonald's has reinvented itself as a consumer-friendly company more aligned with today's healthy eating trends. They've subbed out frozen patties for fresh patties. They've added premium and healthier items to the menu. There has been a huge emphasis on quality chicken offerings. There has also been a big push into the breakfast game. And, they've done all this while sustaining industry-low prices and industry-high convenience.All these initiatives have powered consistently robust results at McDonald's. Net result? MCD stock has rallied in a big way. It will continue to do so. The fundamental drivers remain healthy. The stock remains reasonably valued (22 forward earnings and a 2.45% yield). As such, MCD stock will remain on a winning trajectory for the foreseeable future.As of this writing, Luke Lango was long T, INTC, TGT and DIS. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 7 Healthy Dividend Stocks to Buy for Extra Stability appeared first on InvestorPlace.
Intel (INTC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
announced on Tuesday afternoon is clearly a major financial positive for Qualcomm, and had the side benefit of driving yet another modem rival out of the market. At the same time, with Apple and Qualcomm having only shared so much about their settlement, and with some third parties set to make important decisions of their own, the deal raises a few major questions about what will happen in the coming months and years. Apple and Qualcomm announced that they've settled their massive, two-year, legal battle over royalties owed on the sale of iPhones and other devices featuring Qualcomm's intellectual property.
U.S. stock futures are rallying into the open this morning.Source: Shutterstock Futures on the Dow Jones Industrial Average are up 0.17% and S&P 500 futures are higher by 0.22%. Nasdaq-100 futures have added 0.18%.Resistance near last year's peak flexed its muscles Wednesday, thwarting the market rally. In the options pits, calls continued to dominate and overall volume climbed to above-average levels. Specifically, about 19.1 million calls and 14.6 million puts changed hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMeanwhile, over at the CBOE, the single-session equity put/call volume ratio fell to 0.55. The 10-day moving average continued hovering near 0.60.Options traders swarmed in the following stocks: Intel (NASDAQ:INTC), Netflix (NASDAQ:NFLX) and Freeport McMoran (NYSE:FCX)Let's take a closer look: Intel (INTC)In yesterday's vital data we highlighted the unexpected settlement between Apple (NASDAQ:AAPL) and Qualcomm (NASDAQ:QCOM) that sent QCOM stock skyrocketing. It turns out Intel was another beneficiary to the news. With AAPL officially befriending Qualcomm for all of its 5G needs, Intel decided to abandon its efforts at developing cellphone modems designed for 5G internet. * 10 Best Stocks to Buy and Hold Forever Rather than punishing Intel for the lost opportunity, investors are rewarding the chipmaker for exiting what was likely to be an unprofitable venture.With Wednesday's 3.26% gain, INTC stock closed at a fresh 19-year high. Its uptrend is on solid footing heading into next week's earnings announcement.On the options trading front, calls ruled the roost. Activity swelled to 447% of the average daily volume, with 280,589 total contracts traded. Calls claimed 63% of the day's take.The pre-earnings volatility ramp continued with a rise to 31% or the 44th percentile of its one-year range. Premiums are pricing in daily moves of $1.14 or 1.9%. Netflix (NFLX)Netflix entered its earnings release with the specter of Disney's (NYSE:DIS) Disney Plus hanging over its head. Fortunately for the streaming king, its quarterly numbers were sufficient to lay investor fears to rest for now. NFLX stock ended the day down 1.31%, which is an extremely quiet reaction compared to some of its monster gaps from past quarters.For the first quarter, Netflix earned 76 cents per share compared to analyst expectations of 57 cents. Revenue also came in above expectations at $4.52 billion versus 4.50 billion.On the options trading front, calls outpaced puts by a slim margin despite the day's descent. Total activity climbed to 241% of the average daily volume, with 392,668 contracts traded. Calls accounted for 55% of the sum.Traders were baking in an earnings gap of 6.5%, so the 1.31% slide came in well below expectations. Chalk this quarter up to a massive win for volatility sellers. Freeport McMoRan (FCX)FCX stock was percolating on Thursday as traders jockeyed for positions ahead of its earnings announcement. The copper and gold company traded up 5% before profit-taking slammed it back to unchanged on the day.This year's recovery has taken FCX shares up some 40% to reclaim the high side of its 200-day moving average. The 20-day and 50-day moving averages are also rising loyally beneath to confirm buyers have wrested control of the short- and intermediate-term trends. Bulls shouldn't rest on their laurels, however. The past four earnings announcements have generated intense selling pressure. Here's to hoping next week's event doesn't undo this year's progress.On the options trading front, traders came after calls with a vengeance. Activity jumped to 385% of the average daily volume, with 192,024 total contracts traded. 86% of the trading came from call options alone.Implied volatility rallied to 47% placing it at the 36th percentile of its one-year range. Premiums are pricing in daily moves of 42 cents or 3%.As of this writing, Tyler Craig held neutral options positions in Disney. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Thursday's Vital Data: Intel, Netflix and Freeport McMoRan appeared first on InvestorPlace.
In many ways, shares of semiconductor stocks have led the sharp year-to-date rally in stocks more broadly. One of the largest of them all, Intel (NYSE:INTC) is now higher by about 25% for the year and looking increasingly overbought as it heads into its next earnings report this coming week. A blow-off rally looks to be taking place here and this can provide an opportunity for active traders and investors.Source: Shutterstock Intel is set to report its next batch of earnings on April 25, i.e., one week from today and large-cap technology stocks, in general, are nearing their earnings reports.What's curious beyond the recent price action, which I will address on the below charts, is that INTC stock's implied volatility has been rising over the past few weeks as the stock rallied another 12% or so. While a rise of a stock's implied volatility a couple of weeks before earnings is no unfamiliar sight, implied volatility has been rising more sharply this time around, particularly if we consider the equally sharp rally in these stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips INTC Stock ChartsTo gain some perspective on price let's first take a look at the longer term, i.e., the multi-year chart with weekly increments. Here we see that INTC stock has just overshot its 2018 highs this week, but by doing so, it also broke back above the upper end of the longer-standing trading range, as marked by the black parallels. Click to EnlargeMoving averages legend: red - 200 week, blue - 100 week, yellow - 50 weekHowever, from a momentum perspective note that the weekly MACD indicator at the bottom of the chart is not yet confirming this breakout … so far. In fact, it is giving us negative divergence from price, i.e., signaling that this could be a breakout fake-out rally. * 10 Dividend Growth Stocks You Can't Miss On the daily chart, we also see that over the past couple of weeks, INTC stock has steepened its already steep slope. And it's showing signs of a parabolic move, which could result in a blow-off top and a bull trap. Click to EnlargeMoving averages legend: red - 200 day, blue - 100 day, yellow - 50 dayIntel stock is getting to a point now where it is far removed from its intermediate-term moving averages, historically speaking, and this will increasingly stretch the rubber band and lead to a snap-back -- a mean-reversion move lower.While I am no big fan of gambling on stocks ahead of their individual earnings reports, I do want to closely watch INTC stock this coming week after it reports earnings. My hunch is that we will see a classic candlestick pattern that flashes a sell signal following the earnings report. And I'm guessing that we'll also see the stock mean-revert lower back into the mid to low $50's.Speaking of candlesticks, on Thursday, April 18, I am holding a special webinar to showcase the highest probability candlestick pattern that I know and practice. Click here to register.Attend Serge Berger's special webinar: The highest probability candlestick pattern, period. Click here to register. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Trade of the Day: Intel Stock Is Ready to Rally appeared first on InvestorPlace.
Stock futures: Chip stocks such as AMD, Intel and Qualcomm are leading the current market rally even though they share this glaring weakness. Here's why.
Apple Inc and Qualcomm Inc on Tuesday settled an acrimonious two-year legal dispute. Shortly afterward, Intel Corp said it will exit the smartphone modem chip business. Echoing complaints from the U.S. Federal Trade Commission, Apple had alleged that Qualcomm used its patent licensing business to keep a monopoly on modem chips that connect devices like the iPhone to wireless data networks.
Apple Inc. and Qualcomm Inc.’s surprise settlement agreement — in the midst of opening arguments of their much anticipated patent trial in San Diego — will result in a huge cash windfall for Qualcomm, and puts Apple on a faster path to add the latest 5G technology into future iPhones.
By Stephen Nellis SAN FRANCISCO (Reuters) - Apple Inc and Qualcomm Inc on Tuesday settled an acrimonious two-year legal dispute. Shortly afterward, Intel Corp said it will exit the smartphone modem chip ...
The iPhone maker struck a deal Tuesday with Qualcomm Inc. to halt all litigation and start using the chipmaker’s modems again, likely including important new 5G versions. The agreement includes a six-year licensing pact, creating a telling new deadline for Apple to design its own modems and finally cut ties to Qualcomm. "Modems are the sport of kings," said Gus Richard, a chip analyst at Northland Capital Markets.
As Qualcomm's major victory against Apple sent semiconductor stocks to record highs on Wednesday, the sector's strong recent rally may be at odds with uncertainty about an ongoing downturn in global demand. Very simply, business is not as good as the stocks would imply and we would challenge someone to suggest their business has improved as much as their stock has," Semiconductors Advisors wrote in a client note. Announced on Tuesday, Apple's surprise settlement with Qualcomm calls for its iPhones to once again use Qualcomm's modem chips.
Wall Street on Wednesday cheered the end of a yearslong dispute between iPhone maker Apple and wireless-chip leader Qualcomm. Apple and Qualcomm both rose on news of the legal settlement.
Next week is the biggest week form earnings. Should investors fade or trade into earnings. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami.
Qualcomm shares surging over 10 percent after the chipmaker and Apple reached a deal to end their patent dispute. Yahoo Finance's Seana Smith and Heidi Chung discuss.