INTC - Intel Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
50.72
-0.85 (-1.65%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close51.57
Open51.60
Bid50.55 x 3100
Ask50.60 x 3000
Day's Range50.60 - 51.88
52 Week Range42.36 - 59.59
Volume38,632,498
Avg. Volume21,528,645
Market Cap224.69B
Beta (3Y Monthly)0.70
PE Ratio (TTM)11.78
EPS (TTM)4.30
Earnings DateOct 24, 2019
Forward Dividend & Yield1.26 (2.44%)
Ex-Dividend Date2019-08-06
1y Target Est53.13
Trade prices are not sourced from all markets
  • Biggest Single-Day Market Cap Drops in US Stocks
    Investopedia

    Biggest Single-Day Market Cap Drops in US Stocks

    With its market capitalization cut by $119 billion on Jul. 26, 2018, social media giant Facebook Inc. (FB) became the largest company to see a one-day decline in its stock price wipe more than $100 billion from its market cap. Facebook’s stock plummeted from $216 a share on Jul. 25, 2018, to $176 the next day. Closely following Facebook is the leading chipmaker Intel (INTC), which lost more than $90 billion on Sept. 22, 2000.

  • GuruFocus.com

    US Indexes Close Lower Friday and for the Week of Sept. 20

    Nasdaq down 0.80% on Friday Continue reading...

  • 6 Cheap Stocks With Low Price-Sales Ratios
    GuruFocus.com

    6 Cheap Stocks With Low Price-Sales Ratios

    Walt Disney tops the list Continue reading...

  • AMD Is Making Progress But Better Visibility Needed to Move the Stock Higher
    TipRanks

    AMD Is Making Progress But Better Visibility Needed to Move the Stock Higher

    When Advanced Micro Devices (AMD) released its 7nm processing chips, the semiconductor world knew the new development would shake the industry. While AMD, for some time now, has increasingly taken market share away from rival Intel (INTC) and has posed a larger threat to Nvidia (NVDA), the release of the new chip has made AMD an even more formidable competitor. Indeed, in a research note issued yesterday, Susquehanna analyst Christopher Rolland remarked that AMD continues to grab market share in the industry. Yet, the analyst remains sidelined on the stock, maintaining a Neutral rating and $34 price target, which implies about 14% upside from current levels. (To watch Rolland's track record, click here)Rolland says “AMD has surpassed 20% CPU share in desktops,” following the release of its 7nm Ryzen CPU. The new chips compete better against Intel’s, and the smaller size (7nm vs 10nm) makes them more energy efficient, while also priced more competitively.AMD is also increasingly threatening Nvidia’s place in the graphics market. While Rolland says AMD’s 7nm Navi GPUs contributed to “modest” share gains, the analyst notes “AMD continues to ramp up their consumer GPU efforts,” which will continue to play a role in competing with Nvidia. However, the big question for Rolland right now is whether AMD has visibility into "massive 4Q sequential growth, or are they setting themselves up for another downward revision?" While the market share story is still progressing, the analyst believes the latter scenario is more likely. Given his skepticism, the analyst remains neutral on the stock.The majority of the Street sides with Rolland's cautious take on the chip giant. Out of 22 analysts polled by TipRanks in the last 3 months, 8 are bullish on AMD stock, 13 remain sidelined, while only one is bearish on the stock. With a return potential of nearly 11%, the stock's consensus target price stands at $33.17. This suggests that, for now, the bulls still win on AMD. (See AMD's price targets and analyst ratings on TipRanks)

  • HP (HPQ) Launches Elite Dragonfly, Enhances Convertible PC
    Zacks

    HP (HPQ) Launches Elite Dragonfly, Enhances Convertible PC

    HP (HPQ) expands its personal systems portfolio with the introduction of a slick, ultralight premium convertible notebook, HP Elite Dragonfly.

  • Zacks

    Autonomous Driving Space Gains Steam: Stocks in Focus

    Here we discuss few stocks well poised to capitalize on their ongoing initiatives in self-driving space.

  • AMD Takes the Zen Family Tradition Forward
    Market Realist

    AMD Takes the Zen Family Tradition Forward

    Advanced Micro Devices (AMD) stock has risen significantly since 2017, when the company first introduced its high-performance Zen architecture.

  • The Best Way to Approach Advanced Micro Devices Stock As It Drifts Lower
    InvestorPlace

    The Best Way to Approach Advanced Micro Devices Stock As It Drifts Lower

    If you bought Advanced Micro Devices (NASDAQ:AMD) stock at the end of last year, you're probably still pretty happy with its performance. Year-to-date the gain in the AMD stock price has been nearly 65%. Since the end of July, it has been a different story, though.Source: JHVEPhoto / Shutterstock.com After recovering from a post-earnings bath, AMD stock is down 11.5% since its July high of $34.39, after shedding another 1.84% on Wednesday for a $30.42 close. In fact, since the end of July, the stock is being significantly outperformed by both of its key rivals: Intel (NASDAQ:INTC) and Nvidia (NASDAQ:NVDA).If you bought Advanced Micro Devices stock when it crashed last fall after the bottom fell out of the cryptocurrency mining market, that's one thing. Good call. But what about now? Does this slide mean it's time to make a long-term investment in AMD?InvestorPlace - Stock Market News, Stock Advice & Trading Tips Advanced Micro Devices Has Been a Company On the RiseThe story of Advanced Micro Devices over the past several years has been one of a company on the rise with a canny CEO, a focus on leapfrogging the competition and some stellar product releases have paid off in a big way. AMD is once again a serious contender against market leaders Nvidia in the graphics card industry, and Intel in PC processors. * 8 Dividend Stocks to Buy for a Recession After falling below 20% of the market for computer processors in 2016, AMD's Ryzen CPUs have helped the company to steadily claw its way up to 30%. A similar pattern has been showing in the market for computer video cards. AMD had dropped to 20% of global sales by 2015, but advanced new Radeon releases have pushed it to 32% of the market against Nvidia's 68%. Advanced Micro Devices has also scored the contracts to supply custom GPUs for the forthcoming PlayStation 5 and Xbox Scarlett game consoles.The out-of-this-world demand for video cards by cryptocurrency miners was a bonus that lit a fire under AMD stock. When the inevitable crash came last fall -- bringing a glut of unsold video cards -- it hurt, but it hit Nvidia just as badly. By this summer, the crypto hangover had been left behind with an AMD stock price that crept past its crypto-era peak. NVDA and INTC Are Currently Outperforming AMD StockThings got a little hairy for AMD stock at the end of July. The company reported Q2 earnings after the bell on July 30. Despite hitting earnings targets and beating analyst expectations for revenue, the fact that revenue declined 13% compared to last year caused some consternation. AMD also revised its full-year 2019 guidance, reducing its revenue gain to a mid-single-digit increase over 2018, after previously setting it at a high single-digit increase.The market did not react well to this news, and Advanced Micro Devices stock was walloped, closing down 10% the next day. Within a week, it had dropped below $28. That was followed by a wild ride in August, when AMD clawed its way back to pre-earnings levels, then went on a roller coaster ride while continually losing ground.At this point, AMD stock is once again down 10% from July 30 -- the day it reported Q2 earnings. During the same period, NVDA is up 2.6%, while INTC has held steady. All three stock have been affected by outside forces (most notably the ripple effects of the U.S. trade war with China), but Advanced Micro Devices stock is definitely underperforming compared to the competition. * 10 Excellent Stocks to Watch for 2020 and Beyond Is the Current AMD Stock Price Attractive Enough to Buy?The question potential investors are asking is whether the drop in AMD stock makes now a good time to get in on the action. Analysts have mixed feelings on that front. The trade war could have further impact on sales of computer components and if it worsens, it could trigger a recession -- further cutting consumer discretionary spending on items like new PCs, component upgrades and game consoles. On the other hand, next year should see a recovery in custom GPU sales as PlayStation 5 and Xbox Scarlett production ramp up.Over the past three months, the number of "buy" recommendations has slipped, while "hold" has become the dominant recommendation. With an average 12-month price target of $32.63, that makes sense. Even after the slide since the end of July, at current prices AMD stock has little upside, just 7% or so. If you're hoping to pick up Advanced Micro Devices on the cheap, it probably makes sense to hold on in the hope that AMD slips further.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 * 8 Dividend Stocks to Buy for a Recession * 10 Companies Making Their CEOs Rich * The 7 Best S&P 500 Stocks of 2019 So Far The post The Best Way to Approach Advanced Micro Devices Stock As It Drifts Lower appeared first on InvestorPlace.

  • 5 Companies Growing Earnings
    GuruFocus.com

    5 Companies Growing Earnings

    Chipmakers Taiwan Semiconductor, Intel top the list Continue reading...

  • Which Silicon Valley companies force workers to give up their right to sue over sexual harassment?
    American City Business Journals

    Which Silicon Valley companies force workers to give up their right to sue over sexual harassment?

    Bay Area activist Shannon Coulter announced the campaign, Force the Issue, on Tuesday in order to pressure 900 large, publicly traded companies to stop requiring their employees to sign off on arbitration clauses agreeing not to sue.

  • Why Is the Microsoft Surface Laptop Important to AMD?
    Market Realist

    Why Is the Microsoft Surface Laptop Important to AMD?

    WinFuture floated a rumor this week that Microsoft’s upcoming Surface Laptop 3 would use AMD's Ryzen Mobile CPU. If true, it could be a big win for AMD.

  • Rumor: Microsoft to Use AMD Ryzen in Surface Laptop 3
    Market Realist

    Rumor: Microsoft to Use AMD Ryzen in Surface Laptop 3

    Microsoft plans to unveil the hardware for its new Surface products on October 2. According to rumors, AMD's Ryzen CPUs could power its Surface Laptop 3.

  • Intel executive on the promise of artificial intelligence for main street businesses
    American City Business Journals

    Intel executive on the promise of artificial intelligence for main street businesses

    When it comes to implementing AI, Intel's Alexis Crowell Helzer tells business owners to remember the 3Bs.

  • Which 5G Stocks will Be the Biggest Winners?
    InvestorPlace

    Which 5G Stocks will Be the Biggest Winners?

    When it comes to 5G stocks, I prefer a simple, elegant approach that has already proven itself in every other tech boom since the 1980s.There will be a lot of winners in the race to 5G. For example, one stock that could be up big in the years ahead is Nokia (NYSE:NOK), one of the key makers of the hardware critical to the technology.But as 5G takes the world by storm and ushers in a new technological revolution, there's about to be a WAY bigger opportunity than we could capture by simply buying Nokia stock. The infographic below shows how 5G compares to 4G… how that compared to 3G… and so on.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThose Nokia flip-phones had their heyday back at 1G and 2G. Then 3G was what allowed Apple (NASDAQ:AAPL) to take the world by storm with the iPhone. 4G made social media and streaming movies possible - you're welcome, Facebook (NASDAQ:FB) and Netflix (NASDAQ:NFLX).As you see, 5G is much bigger. The speeds are so much faster that you could think of 5G as the fuel of the future.So what's the engine? Microchips. Every company that sells you a 5G device first needs someone to supply the chips. 5G chips will send and receive massive amounts of data… and that's where I'd invest. * 8 Dividend Stocks to Buy for a Recession But actually, chipmakers are not just 5G stocks. They're almost always the secret to getting rich with new technologies. Just look at the personal computer (PC) revolution, for example.During the rise of PCs in the '80s and '90s, chipmakers went up by almost unfathomable amounts. Intel (NASDAQ:INTC), which supplied the much-needed chips for computer processing speed, shot up by an astounding 7,951% from 1985 to 2000:Then, during the explosive growth of the internet in the 1990s, Cisco Systems (NASDAQ:CSCO), which manufactures the vital processing chips for internet routers, soared an impressive 4,988%:Then came smartphones and 4G in the 2010s. As you see below, chipmakers led all other industries during the 4G build out. Semiconductors returned 237% - more than twice what mobile phones themselves delivered.Keep in mind, these were returns from the broad sectors. But just look at how well these individual chip companies did during the smartphone build out: * Broadcom (NASDAQ:AVGO), a chipmaker based in San Diego, California, handed early investors 1,482% during the smartphone build out. * Skyworks Solutions (NASDAQ:SWKS), another chipmaker based in Woburn, Massachusetts, returned 503% to early investors. * NVIDIA (NASDAQ:NVDA), based in the heart of Silicon Valley, gained 1,030%! * Micron Technology (NASDAQ:MU) from Boise, Idaho, gained 260%, and NXP Semiconductors (NASDAQ:NXPI) from the Netherlands returned 845%.It's also worth pointing out that Apple -- the world's biggest, wealthiest company and one of the leaders in smartphones -- returned roughly 582% over that same period. The difference is why you need chipmakers when a tech revolution occurs. That's true of 5G, too, and I tell you exactly which chipmaker I recommend now (and why) in my new special report, The 5G Chip That Will Spark a $53 Trillion Revolution.By investing in chipmakers, you're investing in every laptop, tablet, car, smartphone, and any other electronic device of the day. In fact, each one has multiple chips inside! For example, one chipmaker supplied FIVE chips for every iPhone X. So, for every phone Apple sold, this company sold five chips.Now just think about the hundreds of billions of new chips that will need to be created for the Internet of Things (IoT). Tech companies are hard at work, connecting every physical object on the planet to the internet. Tech insiders estimate more than 1 trillion devices will be connected over the next 10 to 15 years.Once you're up to speed on the full scope of the opportunity in 5G stocks, you'll want to own one specific chipmaker. This company is one of the best in the world at what it does, and I bet you've never heard of it. The 5G Chip That Will Spark a $53 Trillion RevolutionI mention all this because I think this under-the-radar company won't stay that way for long. The financial media is already calling this company "the next hot 5G stock."The company has over 10,000 patents and has been named a Top 100 Global Innovator for seven consecutive years. Its success has led to long-term partnerships and exclusive deals with the likes of Samsung and Oracle (NYSE:ORCL).Even the 5G cell service from Verizon (NYSE:VZ) and AT&T (NYSE:T) will depend on this company's chips. Everything, and I mean EVERYTHING, connected to the internet via 5G will either directly or indirectly use the same type of chip this company makes.It's also a well-established company that's been around since the 1990s. Not only did it survive the dot-com crash, it went from a $2 billion market cap then… to a $17 billion market cap today. And thanks to its 5G advantage, it's just getting started.Take just a small stake in this stock. I think it's the single best (and easiest) way to capture the full upswing of 5G wireless.Remember, the rollout of 5G is going to be MUCH bigger than 4G.4G was an improvement. 5G is a game changer.That's why every tech insider and analyst at my firm is excited about this once-in-a-lifetime opportunity. And right now is the perfect time to stake a claim.Click here to claim your access to my newest investment report, The 5G Chip That Will Spark a $53 Trillion Revolution.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Stocks to Buy for a Recession * 10 Companies Making Their CEOs Rich * The 7 Best S&P 500 Stocks of 2019 So Far The post Which 5G Stocks will Be the Biggest Winners? appeared first on InvestorPlace.

  • Barrons.com

    AMD’s Chips Are Gaining More Share at Intel’s Expense, Says Analyst

    Susquehanna Financial Group says AMD’s desktop market share has grown to 20% so far in the third quarter, versus 19% in the previous quarter and 17% in the prior year.

  • Investing.com

    Stocks - Wall Street Rises on Microsoft's Infectious Optimism

    Investing.com – Wall Street opened higher on Thursday as signs of confidence from Microsoft (NASDAQ:MSFT) and gains in chip stocks offset mixed signals from the Federal Reserve.

  • Apple’s Brand in China Takes a Hit From Backlash Against Trump
    Bloomberg

    Apple’s Brand in China Takes a Hit From Backlash Against Trump

    (Bloomberg) -- The trade war is taking its toll on Apple Inc., a new survey of Chinese consumer attitudes shows.The company tumbled to No. 24 in an annual report on China’s top brands, falling from No. 11 a year ago. In 2017, before the trade war started, Apple was fifth in this ranking. Meanwhile, Apple’s biggest local rival, Huawei Technologies Co., climbed two spots and came in second, behind only Chinese payment service Alipay.The shuffle in the rankings is a sign of the growing challenge American brands face in the second year of Donald Trump’s tariff showdown with his Chinese counterpart, Xi Jinping. The survey findings show Chinese consumers growing cooler towards some American brands, especially after smartphone giant Huawei saw its Chief Financial Officer, Meng Wanzhou, arrested in Canada last year at the behest of the U.S. government.Trump followed with a ban on Huawei products, which helped fuel a surge of local support for the Shenzhen-based brand, according to Jay Milliken, senior partner in Hong Kong with Prophet, the San Francisco-based consultancy that conducted the survey of 13,500 Chinese consumers.Prophet’s survey, conducted annually, this year asked Chinese consumers in large cities for their views on more than 250 brands across 27 categories. Respondents evaluated brands they used or were considering using, rating rated their relevance to the lives of consumers based on qualities such as innovation, usefulness and dependability.‘Nationalistic Buying’“There’s a lot of nationalistic buying in that category, because Chinese consumers interpreted what happened to Huawei as an attack,” he said.Patriotism helped fuel the rise of other Chinese brands, too. Sportswear maker Li Ning Co. cracked the top 40 for the first time, ranked No. 34, just two spots behind market leader Nike Inc.Named after its founder, the famous gymnast, Li Ning capitalized on the nationalistic sentiments of many Chinese consumers with the launch last year of a China Li-Ning collection at New York Fashion Week that heavily used red and yellow, China’s national colors.There were only two American names in the top ten this year -- Android at No. 3 and Intel at No. 9 -- compared to five in the 2017 survey.Switching AllegiancesUnlike Apple, Android and Intel don’t have to worry about consumers switching allegiances to local competitors, Milliken said, and that explains why they manage to remain highly ranked.“Some Western brands are so integral in the lives of Chinese consumers, they’re almost predisposed to not losing relevance,” he said. “There are no Chinese alternatives so those remain super relevant.”Geopolitical tensions aren’t the only problem Apple faces in China, its biggest market after the U.S.While Beijing is pushing to make the country a leader in the introduction of high-speed 5G networks, Apple’s phones -- even the newly announced iPhone 11 -- don’t support that latest wireless standard.To contact the reporter on this story: Bruce Einhorn in Hong Kong at beinhorn1@bloomberg.netTo contact the editors responsible for this story: Emma O'Brien at eobrien6@bloomberg.net, Bhuma Shrivastava, Rachel ChangFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Buy Micron (MU) Stock Ahead of Q4 Earnings Amid Semiconductor Comeback?
    Zacks

    Buy Micron (MU) Stock Ahead of Q4 Earnings Amid Semiconductor Comeback?

    Should investors consider buying Micron (MU) stock with the chipmaker set to report its quarterly financial results on Thursday, September 26?

  • Intel (INTC) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Intel (INTC) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Intel (INTC) closed at $51.74, marking a -0.4% move from the previous day.

  • Why Intel Stock Is the Best Semiconductor Name to Buy Now
    InvestorPlace

    Why Intel Stock Is the Best Semiconductor Name to Buy Now

    Editor's Note: This article was updated to correct some information about Xilinx.For several years, the basic narrative behind the semiconductor space went something like this: Intel (NASDAQ:INTC) provided the premium-end processors, and Advanced Micro Devices (NASDAQ:AMD) was the poor man's Intel. Look at the charts, though, and you'll see that this narrative has changed. AMD has skyrocketed to low-earth orbit, while INTC stock has floundered.Source: JHVEPhoto / Shutterstock.com What has bothered Intel's management team the most, however, was AMD's production acumen. No longer content on dominating the lower-tier processor categories, the smaller semiconductor firm began flexing its muscle. As I mentioned a few months back, AMD stole the show at the 2019 Computex industry conference. With high-level processors designed to compete and steal market share from INTC, Intel stock looked incredibly vulnerable.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever, we're starting to see signs that the tide might turn back to Intel's favor. Recently, the company has made substantial progress with its Agilex field-programmable gate arrays, or FPGAs. These are modular chips capable of easy configurations to fit multiple functionalities. As such, FPGAs are incredibly valuable to companies advancing 5G network technologies. That offers synergistic opportunities that can bolster INTC stock.Additionally, Intel claims that the Agilex FPGAs can either impart more performance or less power consumption than its predecessor FPGAs. The company claims that the Agilex is also useful for data centers, which I don't doubt. As a study from Berkeley Economic Review pointed out, Intel has a strong reputation for producing reliable chips. * 10 Recession-Resistant Services Stocks to Buy Best of all, the semiconductor giant snagged Microsoft (NASDAQ:MSFT) as an FPGA client. Naturally, this is a massive development for Intel stock. However, investors remain leery about the equity's choppy manners: can they trust INTC? Comparisons Benefit INTC StockMy answer to the above question is yes. However, it's a nuanced affirmation.Obviously, one of the big challenges with the semiconductor industry is the U.S.-China trade war. If it keeps dragging, as some economists suggest, that may cap growth in the sector. Moreover, I'm eyeballing the economic turmoil in Germany and Europe overall. Combined, these headwinds could devastate consumer demand.That's the bad news for Intel stock. The good news is that the U.S. is locked in a technological race with its adversaries. Now more than ever, we need our big tech firms to innovate. Part of the enthusiasm over the Agilex FPGAs is our collective progress in the space. Additionally, Intel has significantly narrowed the production and distribution gap with rival Xilinx (NASDAQ:XLNX), which leads the sector. Naturally, this benefits INTC stock longer term.Therefore, if you believe that certain semiconductors will perform well even against economic headwinds, you should consider Intel stock. Because compared to its rival AMD, INTC at this juncture may have the better outlook.Yes, I'll concede that AMD has better sex appeal because of their flashy new processors. Also, AMD CEO Dr. Lisa Su engineered one of the most remarkable comebacks in business.At the same time, this is also a "what have you done for me lately" business. And right now, some evidence indicates that AMD may have pushed their products too quickly without proper quality control. In the nearer term, that might not matter much. But over the long haul, it could worry clients.Let's face it: in a recession, you want every dollar to count. Therefore, when organizations invest in data centers, for instance, they want consistent, reliable performance. In that department, Intel has the proven history, bolstering the argument for INTC stock. Technical Comparison Also Supports Intel StockMoreover, if we suffer a recession, I believe the technical argument also supports INTC stock. For one thing, AMD has ripped out another strong year so far, gaining 71% year-to-date. On the other hand, Intel is quite the laggard relatively speaking, up less than 16%. * 7 Stocks the Insiders Are Buying on Sale However, this also helps Intel's case, especially if the markets get choppy. AMD has enjoyed speculative fervor, and for good reason. But Advanced Micro is unlikely to continue generating the kind of exciting news to take shares to even higher plateaus.In contrast, Intel shares have been stuck in sideways trading for most of the trailing two-year period. After so much terrible news, shares may experience an upswing. Also, don't forget that Intel pays you a dividend, giving you some incentive to hold.As I said before, the semiconductor space has risks. But if you're searching in this area, I'd rather go for the beaten-up name with an exciting product pipeline rather than one that has already enjoyed the red-carpet treatment many times over.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 * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post Why Intel Stock Is the Best Semiconductor Name to Buy Now appeared first on InvestorPlace.

  • AMD EPYC Rome to Be in Dell’s New PowerEdge Servers
    Market Realist

    AMD EPYC Rome to Be in Dell’s New PowerEdge Servers

    Yesterday, Dell launched five new PowerEdge servers powered by Advanced Micro Devices' second-generation EPYC Rome server central processing units.

  • All Bets Are Off With the Nvidia Stock Rally
    InvestorPlace

    All Bets Are Off With the Nvidia Stock Rally

    Nvidia (NASDAQ:NVDA) stock has seen a nice bump since August. Shares have popped from a low of $148.77 on Aug. 15 to $180.24 at the close Sept. 17. With positive developments in the U.S.-China trade war and improving fundamentals for the GPU space, Nvidia's fortunes may be turning around.Source: michelmond / Shutterstock.com But is there enough left in the tank to send NVDA stock higher? Based on valuation, it seems most catalysts are priced in the stock. Nevertheless, NVDA sells at a discount to GPU rival Advanced Micro Devices (NASDAQ:AMD).So what's the verdict? Let's take a closer look at Nvidia stock, and see why now may not be the time to buy.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Key Developments Driving the Nvidia Stock PriceWeak GPU demand and the U.S.-China trade war. These two factors hammered Nvidia stock. But a turnaround in chip sales and optimism over a trade deal have mitigated these concerns. Improved investor sentiment is driving NVDA stock higher. The question is: Will it last?With regards to GPU demand, Nvidia's sales results for the past quarter show promise. For the quarter ending July 30, revenue rose from $2.2 billion to $2.6 billion quarter-over-quarter. Gaming sales rose 24% from the prior quarter, from $1.1 billion to $1.3 billion. But sales remain down year-over-year. Overall sales were $3.1 billion in the prior year's quarter, including gaming sales of $1.8 billion. Nvidia has a long ways to go before reaching the high water mark set in the prior year. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars How about the U.S.-China trade war? Investors are optimistic, but corporate America remains bearish. The unpredictability of the trade war could continue to impact Nvidia's business. It could also impact an upcoming acquisition. As InvestorPlace's Tom Taulli wrote on Sept. 12, China could block Nvidia's proposed acquisition of Mellanox (NASDAQ:MLNX). The Mellanox deal is seen as a positive catalyst for NVDA. The deal would bolster Nvidia's data center business, and help it diversify away from GPUs.But what about artificial intelligence? The rise of AI could be Nvidia's saving grace. On Sept. 13, InvestorPlace's Jamie Johnson pointed out how Nvidia's automotive AI business saw sales grow 30% in the past quarter. AI has yet to reach critical mass, but in the next decade could emerge as a major industry. This would give Nvidia stock a clear pathway to growth.However, as seen below, this growth potential is clearly reflected in the valuation of NVDA stock. Does this mean shares are overvalued? Let's see how Nvidia's valuation compares to peers. NVDA Stock Remains OvervaluedDespite declining sales since 2018, Nvidia stock remains richly priced. The company's forward price-to-earnings ratio is 25.5. Nvidia's enterprise value/EBITDA is 40. But shares continue to trade at a discount to rival AMD. AMD stock trades at 28.3 times forward earnings, and has an EV/EBITDA ratio of 67.Does this mean Nvidia stock is undervalued? Possibly, but it could indicate AMD remains overvalued. Both stocks trade at premiums to broad-line chip makers like Intel (NASDAQ:INTC) and Broadcom (NASDAQ:AVGO). Intel's forward P/E is 11.6, and its EV/EBITDA ratio is 7.6. Broadcom trades at a forward P/E of 12.4, and a EV/EBITDA ratio of 14.3.As I have stated before, I do not understand the high premium assigned to GPU makers relative to broad-line chip makers. As seen from the global GPU glut, substantial sales growth is uncertain. Long term, I can easily see both NVDA and AMD trade at valuations similar to INTC and AVGO. Maybe not as cheap as Intel stock, but certainly at similar EV/EBITDA ratios as Broadcom. It's Tough To Predict Nvidia Stock's FutureAll bets are off with Nvidia stock. While the company has seen improvements in its overall business, sales remain down from the prior year. There's light at the end of the tunnel for the trade war, but uncertainty remains. Nvidia next announces results in November. The analyst community sees quarterly sales at around $2.9 billion. China could give their blessing to the Mellanox deal. If so, the deal could close at the end of 2019.So what's the play with Nvidia stock? I have been on the sidelines since July, and shares have traded sideways since. If the company can reach the high water mark set last year, shares should see material improvement. But until then, sideways trading between $150-$200 per share is likely. Continue to stay on the sidelines with Nvidia 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 * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars * 5 Stocks to Buy With Great Charts * 5 Goldman Sachs Stocks to Buy with Over 20% Upside Potential The post All Bets Are Off With the Nvidia Stock Rally appeared first on InvestorPlace.

  • Look for Microsoft Stock to See a Big Post-Earnings Pop
    InvestorPlace

    Look for Microsoft Stock to See a Big Post-Earnings Pop

    After the stock bottomed at $120 in June, Microsoft Corporation (NASDAQ:MSFT) shares traded to new highs at $141.68. But since August, the stock is stuck in a very narrow trading range at $136. Microsoft stock still is modestly high but the P/E has room to expand.Source: gguy / Shutterstock.com Expect Microsoft to report a strong Q1 report next month, following last quarter's (Q4) results. In the last period, the company reported double-digit growth from all but one segment.Its Intelligent Cloud division grew 19% year-on-year, while the More Personal Computing grew 4%. Still, the gross margin of 15% is a 2 point improvement. At an EPS of $1.71 or an annualized P/E of 19.9 times, MSFT stock borders on being too cheap to ignore.InvestorPlace - Stock Market News, Stock Advice & Trading TipsInvestors may hunt for inexpensive technology stocks like Intel (NASDAQ:INTC), whose P/E is 12.2 times. But Intel faces elevating competitive pressures from AMD (NASDAQ:AMD), so the stock reflects the uncertainties ahead.Microsoft has strong bookings growth in the commercial space. In Q4, bookings grew 25%, with the commercial revenue annuity mix accounting for 90% of that total. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars The software giant is in the sweet spot of enjoying recurring revenue. Its commercial cloud revenue, which made Microsoft $11 billion in revenue, enjoyed a gross margin of 65%. Growth Catalysts and Microsoft StockMicrosoft has many growth catalysts to count on in the next quarter and in 2020. Office software sales are benefiting from commercial clients signing up for Office 365, and on the consumer market, revenue grew 6% in the last quarter. Microsoft now has 34.8 million consumer subscribers. With the Apple (NASDAQ:AAPL) smartphone refresh and Android suppliers like Samsung and Xaomi launching new devices, expect more Office 365 sign-ups next year.The intelligent cloud space enjoys even better growth. Azure revenue grew 64%, which suggests Microsoft is taking market share from Amazon.com's (NASDAQ:AMZN) AWS.Although hardware sales contribute to only a small part of revenue, it too is growing. Surface revenue grew 18% in Q4/FY2019. Microsoft will host the next Surface event, slated for Oct. 2.Announcing a refreshed Surface, one year after the last launch and ahead of the holidays may prove timely. Last week, Apple announced a new iPad and MacBook Air. Microsoft may announce a Surface Pro 6 hybrid, an updated Surface Go tablet, and a Surface laptop. Personal Computing and Microsoft StockThe Windows operating system is still at the core of the company's growth ambitions. Commercial markets still need new PCs every few years and a stable operating system.As the market prepares for the end of Windows 7 support, expect a surge in sales of Windows 10 software. And even though Surface device sales brought in $2.05 billion, down from $2.29 billion last year, look for Microsoft to enjoy the hype for these products. If Surface devices become the standard for the hybrid notebook and tablet form factor, it has a good chance of taking Apple's iPad market share.Apple claimed 38.1% of the global tablet market in the second quarter. Samsung, Huawei, and Amazon claim the number two to four positions. Microsoft is not on the list. If IDC does not consider the Surface as a tablet, it does not matter. Microsoft needs to convince consumers and businesses to choose a Surface or Surface Go device over an iPad for work purposes. The Bottom Line on Microsoft StockAnalysts who offer a 1-year price target on MSFT stock think the stock is worth $153.77. This is ~13% above the recent price of $136.33. Various DCF EBITDA and Revenue exit models suggest the stock is trading at close to fair value.It will take an uptick in revenue growth in the next quarterly report, due next month in October, to justify a higher stock price. Chances are good that will happen.Disclosure: As of this writing, the author did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars * 5 Stocks to Buy With Great Charts * 5 Goldman Sachs Stocks to Buy with Over 20% Upside Potential The post Look for Microsoft Stock to See a Big Post-Earnings Pop appeared first on InvestorPlace.

  • Why Micron Has Become an Analyst Favorite
    Market Realist

    Why Micron Has Become an Analyst Favorite

    Chip maker Micron Technology (MU) is suddenly gaining the attention of analysts despite struggling with several challenges.

  • It May be Time to Call an Option on AMD Stock
    InvestorPlace

    It May be Time to Call an Option on AMD Stock

    Advanced Micro Devices (NASDAQ:AMD) stock is up over 66% in 2019. This is higher than rivals Nvidia (NASDAQ:NVDA) at 36.6% and Intel (NASDAQ:INTC) at 14.1%. AMD stock is also outpacing at least one popular sector exchange-traded fund, the VanEck Vectors Semiconductor ETF (NYSEARCA:SMH) is up about 40%. AMD stock is also besting the S&P 500 index, which is up 20% in 2019.Source: Grzegorz Czapski / Shutterstock.com However, the semiconductor business is notoriously cyclical. Plus, AMD stock has been trading in a tight range for the entire summer. As fall approaches, the smart play may be to place strategic option contracts that will help you take advantage of short-term price movements. Softer Revenue Growth Is Not UnexpectedPrior to the second quarter of 2019, AMD posted soft revenue growth (on a sequential basis) for the prior three quarters. However, on a year-over-year basis, the Q2 results still showed a double-digit revenue decline. Furthermore, analysts suspect that the company will likely face declining revenue due to softness in gaming consoles that could affect its revenue for the rest of 2019.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor its part, AMD has cut its revenue guidance into the mid-single digits for YOY growth rate. AMD is scheduled to report Q3 earnings on October 29. Analysts are projecting an 8.9% increase in revenue to $1.8 billion. * 7 Momentum Stocks to Buy On the Dip This is not completely unexpected. AMD has not had new products to get investors excited. But that story looks to be changing. New Product Launches Sound LikelyOne of the factors depressing AMD stock has been a product line that is growing long in the tooth. AMD's 400 Series Polaris line of graphics processing units (GPUs) hit the market in 2016. A refreshed 500 Series was introduced in 2017.However, in 2019, rival Nvidia released a competing GPU, the GTX1660 that is helping NVDA rapidly gain market share in the gaming space. A refreshed line of Navi GPU cards, priced competitively at under $250, should help AMD recapture some of this lost share.In the CPU market, the tech publication Techquila reported that AMD has plans to release new 7-nanometer products in the second half of 2019. The first product to launch will be its Ryzen 9 3950X desktop CPU (scheduled for September 30).Then in early October, it plans to launch its third-generation Threadripper CPU line-up (extending to as many as 64 cores). These come on the heels of the Rome EPYS server CPUs in August. These new processors are generating high demand from enterprise and cloud customers (and are potentially stealing market share from Intel). There is Real Growth for AMD Stock Coming in 2020Microsoft (NASDAQ:MSFT) and Sony (NYSE:SNE) are expected to launch their next generation of gaming consoles in late 2020. Pent-up demand from gamers should give the consoles a lift.This sets up well for AMD stock. Wall Street analysts are extremely optimistic about the company's 2020 revenue growth. They expect its revenue to grow more than 24% next year. What's next for AMD stock?Advanced Micro Devices stock is just coming down from its 52-week high of $35.55. And the company's forward price-earnings ratio of just under 29 makes the stock expensive. However, AMD is projecting earnings increases of 37% for 2019 and 68.3% in fiscal 2020 which could account for the elevated ratio.The question for investors is whether the new product launches and higher revenue growth can generate enough momentum to push the AMD stock price higher. Right now, many investors seem to be in "wait and see" mode. That makes some sense. Why buy the stock now if the real growth won't occur until 2020?However, between now and then, there could be a lot of macro-economic catalysts that may give the stock a boost. The Federal Reserve is cutting interest rates. And there may be a breakthrough, or at a least a continued pause in the ongoing trade war with China. And for its part, AMD must post numbers that show the high demand for their servers is not an anomaly.This is where trading options on AMD stock can be an effective trading strategy. Sell puts at a price slightly below the current price and place call slightly above the current price. The puts pay you for buying the stock. In the case of the calls, you can get a weekly or monthly premium.As of this writing, Chris Markoch did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post It May be Time to Call an Option on AMD Stock appeared first on InvestorPlace.