|Bid||52.57 x 900|
|Ask||52.65 x 900|
|Day's Range||52.06 - 52.97|
|52 Week Range||42.36 - 57.60|
|Beta (3Y Monthly)||0.52|
|PE Ratio (TTM)||11.72|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||1.26 (2.45%)|
|1y Target Est||52.64|
Intel is on a tear. Is now the time to dip into chip stocks? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Dan Nathan and Guy Adami.
Sandra Rivera, who heads up Intel's networking chip division, said at a press event that Intel doesn't expect consumer 5G "products in the market" until 2020, according to a report in Reuters. Rivera's statement about the timing of 5G products using Intel chips seems to corroborate prior reports on Apple's 5G plans. Many analysts expect Apple to roll out 5G iPhones in the fall of 2020, when the next-gen networks are more widely available in the U.S., and are anticipating a bit of a sales bump from the faster network option.
Intel (INTC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Chipmaker Intel received a stock rating upgrade on Friday, while industry peer Broadcom was hit with an analyst downgrade. Intel stock gapped up on the news, while Broadcom stock dropped.
Sandra Rivera, who oversees Intel's networking chip business, said at a media event in Palo Alto, California, that sample 5G modem chips will ship to customers this year but that Intel does not expect consumer "products in the market" until 2020. Intel has said its 5G modem chip will be available later this year, but it never indicated when it believed products will arrive for consumers.
U.S. equities are pushing higher on Friday to cap what looks like the ninth straight weekly gain as investors prepare to close the books on what's been one of the best starts to a year in the markets ever.From fears over monetary policy tightening and bank liquidity, the clouds have parted and policymakers are once again busily coddling capital markets. The Federal Reserve is full-on dovish again. The Chinese are stimulating their economy. President Donald Trump is frequently talking up the chances of a trade deal with Beijing. And the job market remains strong. * 10 Monthly Dividend Stocks to Buy to Pay the Bills A number of large-cap titans are continuing to extend their push higher. Here are five Dow Jones Industrial Average components to watch:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Intel (INTC) Click to Enlarge Intel (NASDAQ:INTC) shares are gapping higher, returning to levels not seen since last June, as investors pile into semiconductors with aplomb. A run at prior highs near the $57-a-share threshold would be worth nearly a 10% gain from here.The stock was recently upgraded to buy by analysts at Morgan Stanley.The company will next report results on April 25 after the close. Analysts are looking for earnings of 87 cents per share on revenues of $16 billion.When the company last reported on Jan. 24, earnings of $1.28 per share beat estimates by six cents on a 9.4% rise in revenues. Disney (DIS) Click to Enlarge Disney (NYSE:DIS) shares are on the move, pushing up and out of two-month resistance to return to levels last seen in late November.Analysts at Needham recently celebrated the company's 5% growth in its ESPN ad revenue, which they noted was well above expectations.The company will next report results on May 7 after the close. Analysts are looking for earnings of $1.60 per share on revenues of $14.33 billion. * 7 Cheap Stocks That Make the Grade When the company last reported on Feb. 5, earnings of $1.84 beat estimates by 27 cents on a 0.3% drop in revenues. Boeing (BA) Click to Enlarge Boeing (NYSE:BA) shares continue to soar as it enjoys a massive and growing order backlog, impressive profitability, and what is essentially a duopoly in the market for wide-body aircraft with Airbus.This marks a return to form for the stock after a year-long sideways consolidation throughout 2018, with late 2016 and all of 2017 characterized by a steady and persistent rally.The company will next report results on April 24 before the bell. Analysts are looking for earnings of $4.31 per share on revenues of $25.4 billion.When the company last reported on Jan. 30, earnings of $5.48 per share beat estimates by 93 cents on a 14.4% rise in revenues. Cisco (CSCO) Click to Enlarge With a focus on wireless and networking hardware -- amid the chatter around 5G and national security implications -- Cisco's (NASDAQ:CSCO) shares have punched up and out of prior resistance to hit new highs, marking a 25% rally off of its December lows.This marks a doubling from the levels seen in early 2016.The company will next report results on May 15 after the close. Analysts are looking for earnings of 77 cents per share on revenues of $12.9 billion. * 5 Big Data ETFs for Big Profits When the company last reported on Feb. 13, earnings of 73 cents per share beat estimates by a penny on a 4.7% rise in revenues. Microsoft (MSFT) Click to Enlarge Microsoft (NASDAQ:MSFT) shares are breaking up and out of a two-month consolidation range, flooding in on their October and December highs.Analysts at Morgan Stanley recently reiterated their positive view, with renewed confidence in the company's double-digit revenue growth and operating margin gains.The company will next report results on April 25 after the close. Analysts are looking for earnings of $1.00 per share on revenues of $29.9 billion.When the company last reported on Jan. 30, earnings of $1.10 per share beat estimates by a penny on a 12.3% rise 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 * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now Compare Brokers The post 5 Dow Jones Stocks That Will Lead the Market Higher appeared first on InvestorPlace.
Morgan Stanley believes Intel stock will rally, reasoning that a new, financially savvy chief will help lift a valuation that is low in historical terms.
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of how the company is fighting patent trolls. Today, we'll look at that and other Apple Rumors for Friday.Source: Apple Patent Trolls: Apple is hoping to deal with less patent trolls by closing some stores, reports MacRumors. The company is reportedly planning to close down two stores in Texas. This includes its Plano and Frisco locations. This will take it out of the state's Eastern District, which is where patent trolls have been filing lawsuits against it. Without a business in the area, trolls won't be able to file lawsuits against it in that district. The last day of business for these stores is said to be April 12, 2019.2020 iPhone: A new rumor claims that AAPL will be making a major change with its 2020 iPhone, AppleInsider notes. This rumor says that the tech company will be switching to 5nm chips. This will have the company using the smallest chip die yet for its processors in the iPhone. The rumor also says that this 5nm chip in the 2020 iPhone will be the A14 chip.InvestorPlace - Stock Market News, Stock Advice & Trading TipsARM Chips: It looks like Apple is getting closer to using its own ARM chips in its Mac devices, reports 9to5Mac. Recent talk has suggested that the tech company is aiming to switch to its own ARM processors as early as 2020. Insiders at Intel (NASDAQ:INTC) also believe that AAPL will be switching to in-house processors for its Mac devices as early as next year.Check out more recent Apple Rumors or Subscribe to Apple Rumors : RSS As of this writing, William White did not hold a position in any of the aforementioned securities. Compare Brokers The post Friday Apple Rumors: Apple Closing Stores to Combat Patent Trolls appeared first on InvestorPlace.
Check out the companies making headlines midday Friday:Kraft Heinz KHC — Shares of Kraft Heinz plummeted 27.46 percent after the company announced a $15.4 billion write down of its Kraft and Oscar Mayer brands .
Like most other semiconductor firms, Micron Technology (NASDAQ:MU) has incurred a rather interesting 14-month period. In the first half of 2018, MU stock got off to a blistering start, gaining over 26%. But the house came tumbling down shortly thereafter, leaving many shareholders running for cover.Source: Mike Deal via FlickrThis year, the overall sentiment appears much more promising. Clawing back some of last year's losses, Micron stock has skyrocketed 36% since the January opener. The move also keeps pace with competitors like Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA). But despite the early enthusiasm, MU shares have found themselves in an unexpectedly awkward situation.For starters, the MU stock price finds itself sandwiched between the 50-day moving average below, and the 200 DMA above. This setup not only indicates the ferocious volatility that shares incurred last year, but also broader hesitancy towards the company.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSecond, Micron stock has gone virtually nowhere since January 2018's opening volley. Since the tech firm obviously doesn't pay out a dividend, investors have no reason to hold their position unnecessarily. Therefore, the present pensiveness is a real problem. * 9 High-Growth Stocks to Buy Now for Monster Returns So what's the next move? For a tech firm, nothing moves sentiment quite like a groundbreaking product. With Micron's 3D XPoint technology, the embattled organization appears to have a lifeline.You don't have to be a techie to appreciate the implications behind 3D XPoint. However, the directional impact towards the MU stock price remains surprisingly questionable. Why 3D XPoint Is a Gamechanger for MU StockDeveloped through a joint venture between Micron and Intel (NASDAQ:INTC), 3D XPoint represents the next phase of non-volatile, solid-state storage. According to Micron's website, this new tech features "1,000 times lower latency and exponentially greater endurance than NAND."That's great news for tech nerds, apparently. But let's break down what this means for the investor. Primarily, 3D XPoint sits in a pricing sweet-spot between the two established solid-state storage technologies, DRAM and NAND.Back in spring of 2017, DRAM cost a little more than $5 per gigabyte (GB). NAND sat on the cheapest end at 25 cents per GB. However, during development, experts forecasted 3D XPoint to split the gap at $2.40 per GB.True, these are old statistics, and memory chips feature incredible volatility. Historically, this was one of the key reasons why the MU stock price was equally volatile. However, the data provides a comparative analysis which remains relevant today.Another tailwind that drives Micron stock is the emerging industry for data centers. With both big and small businesses increasingly shifting towards the cloud, data centers have received massive revenue influxes. However, that demand also stresses technical components like NAND chips.But as I briefly mentioned, 3D XPoint is significantly more robust than NAND. The former's impressive tech credentials translates to million-plus write cycles. As ComputerWorld.com's Lucas Mearian noted, 3D XPoint will essentially last forever. Pricing Also Hurts Micron StockGiven the new chip's profound cost-savings against DRAM and performance superiority over NAND, buying MU stock appears a no-brainer. With just a simple explanation, you can convince even the most tech-ignorant investor to jump onboard.Or maybe not. Ironically, the pricing tailwinds that benefit Micron stock also represent a significant headwind. A nagging issue is that 3D XPoint won't disrupt NAND chips into irrelevancy or obsolescence. As Mearian stated, NAND still enjoys a long development road map. According to some industry experts, NAND can maintain relevancy into at least 2025.That's a problem because a new tech that partially markets a pricing advantage should make the replaced tech economically inefficient. However, 3D XPoint won't displace NAND broadly. Instead, you'll likely see the biggest impact in the data centers.But more critically, 3D XPoint doesn't have as many advantages over DRAM. In terms of latency (data-transfer delays), 3D XPoint is ten-times higher than DRAM. So the key advantage here is cost.Here's where the problem comes in: DRAM enjoyed a massive price increase in 2018, but that trend could crumble later this year. One doom-and-gloom forecast targets a drop from the current $7.07 per GB to a shocking $2.57 per GB.If that happens, DRAM would only offer a marginal cost benefit to 3D XPoint. Further, unusual pricing dynamics could make DRAM cheaper than the upstart chip. At that hypothetical juncture, Micron may as well change the project name to 3D XPointless. Should You Buy MU stock?Despite the uncertainties surrounding 3D XPoint, I'm net bullish on Micron stock.Of course, I'm concerned about DRAM's negative (relative to the MU investor) pricing forecast. The negative prognostications could come true, or it might not.Even if it does, let's look at the longer term. Intel and Micro developed 3D XPoint with pricing advantages in mind. Therefore, barring unusual situations, computer chips don't discount themselves in a vacuum. Instead, a secular fall in DRAM pricing would likely also see discounts for 3D XPoint, thereby maintaining the pricing advantage.Plus, the MU stock price itself represents a pricing opportunity. I recommended buying shares last December, and that idea played out very nicely. But relative to its recent highs, MU is still a bargain.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now Compare Brokers The post The 3D XPoint Could Be a True Game Changer for MU Stock appeared first on InvestorPlace.
Could Trump’s ‘China Trade Deal’ Make These Stock Rally?US stock marketThe broader market is trading on a mixed note for a fourth consecutive day today. Yesterday, the S&P 500 fell 0.4% after the release of weaker-than-expected durable
President Donald Trump and Chinese Vice Premier Liu He are set to meet at the Oval Office later in the day. Technology stocks jumped 1.27 percent, leading gains among the 11 major S&P sectors and putting the benchmark on track for four weeks of gains. The Dow Jones Industrial Average and the Nasdaq Composite were on course to post nine straight weeks of gains.
Intel Corp. shares are up nearly 3% in Friday morning trading after Morgan Stanley turned bullish on the stock for the first time in seven years.
Investing.com - The Dow closed higher Friday on trade optimism after President Donald Trump said there is a "very good chance" a trade deal can be made with China.
Is Apple Already Too Late to the Foldable Phone Party?(Continued from Prior Part)AppleIn the first part of this series, we looked at Goldman Sachs analyst Rod Hall’s views about the new Samsung (SSNLF) Galaxy Fold and how it could pose a risk to
Intel’s CEO transition could serve as a positive catalyst for the stock and offers an opportunity for a change in direction of the business, Moore said in the Friday upgrade note. While some Intel enthusiasts are hoping for a technology-minded CEO, Moore said a leader who is more versed in the business side of the job might be just what Intel needs.
got a boost on Friday after a Morgan Stanley analyst upgraded his rating on the company's stock and raised his per-share price target by more than $10. Moore was referring to interim CEO Bob Swan, who ran the company for seven months following the resignation of Brian Krzanich, who stepped down in late June 2018 after the company learned Krzanich "had a past consensual relationship with an Intel employee" that it deemed violated Intel's non-fraternization policy. Swan, 58, who had been chief financial officer at eBay Inc. for nine years, joined Intel in 2016.
HP's (HPQ) first-quarter fiscal 2019 results are likely to witness a slowdown, given the slump in PC shipments stemming from CPU shortages and tepid consumer demand.
Tesla Stock Rises, Elon Musk’s Big China Push Raises HopesTesla On February 22, Tesla (TSLA) stock is recovering after falling 3.7% the previous day. At 8:36 AM EST, the stock was trading with 1.1% gains in the pre-market session. We’ll discuss
The major stock indexes were squarely higher early Friday. Roku and Trade Desk jumped on strong earnings results.
Two Apple (NASDAQ:AAPL) rumors are converging this week, and gaining credibility as they do so. The first is that AAPL is planning to move its Mac computers away from processors made by Intel (NASDAQ:INTC), to custom ARM-based chips. The second is that the company plans to combine Mac and iOS apps that work across the company's PCs and mobile devices. The latest confirmation on Apple's big plan comes courtesy of Intel officials who have reportedly confirmed that they expect Apple to begin offering an ARM-based Mac as soon as next year.Source: Intel This spells bad news for Intel, but is likely to provide a big boost to Apple -- on the Mac side of its business as well as with iPhones and iPads. Report: Intel Officials Confirm Suspicions Apple Moving to ARM-Based MacYesterday evening, Axios reported that un-named Intel officials confirmed they expect Apple to ditch Intel processors in its Macs and switch to its own ARM-processor designs "as soon as next year."We first reported on this possibility last fall, but this latest report is the first time Intel representatives have commented on the move (albeit off the record), lending more credibility to the rumor.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 3 Gold Stocks Percolating Right Now The Advantage(s) for AppleFor Apple, there are multiple advantages to transitioning to an ARM-based Mac.The first is the ability for developers to create apps that could be used across all of the company's computing and mobile devices starting in 2021. This plan -- code-named Marzipan -- was detailed by Bloomberg earlier this week. With an app that will work on a Mac, iPhone and iPad without having to be rewritten for each platform, Apple makes releasing software for its unified platform very attractive.Windows PCs have always had a big advantage over Macs because of limited software availability for MacOS, but consider how successful Apple App Store for iOS has been. Marzipan could upend the decades-long application advantage of Windows, while also making the iPad and iPhone more attractive to buyers.But it requires an ARM-based Mac to work, and if AAPL starts releasing these in 2020, then the 2021 timeline for Marzipan makes sense.The second big advantage is performance.With its A-series mobile processors for the iPhone and iPad, AAPL has proven that when it designs both the silicon and the hardware, it delivers a combination that beats the competition.The iPhone regularly trounces the top Android smartphones in benchmark performance tests, despite the fact that Apple typically equips its smartphones with half the RAM the competition does. That gives AAPL an edge while reducing the component cost of iPhones and iPads because the company has to buy less RAM.Apple is also able to integrate features that the competition lacks because off-the-shelf processors aren't optimized to support them. An ARM-based Mac could potentially outperform a similarly-priced Windows PC equipped with an Intel processor.Other reasons? Delays in new Intel processor releases have frequently been blamed for holding up new Mac models. That would be a thing of the past with ARM-based Macs. It's also expected that by designing its own chips, Apple would save money compared to buying them from Intel. ARM-Based Mac is Bad News for IntelAccording to Bloomberg, Apple's Mac business makes up roughly 5% of Intel's revenue. Losing that wouldn't be catastrophic, but it would hurt. And if Apple's move resulted in more consumers and businesses choosing a Mac over a Windows PC, that would eat away even more at Intel's bottom line. When the rumors of an ARM-based Mac first surfaced last year, Intel stock got hammered. That reaction hasn't repeated this time around, but it goes without saying that Intel should be concerned. Some Chaos, But a Stronger Apple AfterwardApple has transitioned its Macs to new processors several times in the past, most recently from PowerPC to Intel in 2006. During the transition, things can be a bit chaotic for Apple engineers, app developers and consumers. * 9 High-Growth Stocks to Buy Now for Monster Returns Any pain is expected to be short term, though. And once the move to an ARM-based Mac is made, there is big upside for three of the company's most important revenue-generating divisions: Mac, iPad and iPhone. And that also means upside for Apple stock. As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now Compare Brokers The post Intel Thinks Apple Will Move to ARM-Based Macs in 2020 appeared first on InvestorPlace.
Is Apple Already Too Late to the Foldable Phone Party?(Continued from Prior Part)Apple versus SamsungAs we discussed in the previous part of this series, in an event on February 20, South Korean tech giant Samsung Electronics (SSNLF) unveiled a
Intel and Trade Desk led stock futures higher Friday as trade talks stirred optimism, and the Dow Jones industrials tacked toward a 24-year record.