|Bid||68.30 x 900|
|Ask||68.37 x 1200|
|Day's Range||66.46 - 69.28|
|52 Week Range||42.86 - 69.29|
|Beta (5Y Monthly)||0.91|
|PE Ratio (TTM)||14.54|
|Earnings Date||Apr 22, 2020|
|Forward Dividend & Yield||1.26 (1.99%)|
|Ex-Dividend Date||Nov 05, 2019|
|1y Target Est||58.28|
The stock market, it seems, has been going straight up. This chart shows that stocks are moving up in lockstep with the Federal Reserve printing money. In this situation, what is a conservative investor to do?
Intel Corp. wrapped up a rocky 2019 by reporting record sales thanks to a big jump in sales of chips for data centers and cloud computing, but that rebound may just be temporary.
Intel Corp. crushed revenue expectations for the fourth quarter by about $1 billion and sent its stock to a new post-dot-com-boom high, but the company didn’t get a ton of credit from analysts.
Intel, American Express and Visa were the top-performing stocks in the Dow Jones this week after fighting off the market side-effects from China's coronavirus outbreak.
Intel Corp.’s stock logs its best day in two years Friday after data-center sales crush Wall Street estimates, pushing quarterly revenue atop the $20 billion mark for the first time, but the chip maker’s forecast reflected a conservative for the difficult-to-predict cloud market.
Stocks fell as the deadly coronavirus spread through China and the world as the Lunar New Year holiday gets underway. A second case of the coronavirus has been found in the U.S.
The Dow Jones sold off on Friday over worries of the China virus outbreak. The market recovered and closed off the lows. Intel rose 8% on earnings.
Wall Street fell in a broad sell-off on Friday, as investors fled equities on growing concerns over the scope of the coronavirus outbreak, capping the S&P 500's worst week in six months. All three major U.S. stock averages turned sharply negative, with the S&P 500 seeing its biggest one-day percentage drop in over three months after the Centers for Disease Control and Prevention confirmed the second case of the virus on U.S. soil, this time in Chicago.
The stock market rally had a down week on China coronavirus fears. Netflix, Intel and Atlassian soared on earnings. Boeing fell on 737 Max delays and more.
Intel reported a record 2019 and expects a repeat in 2020. However, it is also eliminating some roles associated with projects that no longer a priority.
The microprocessor giant night delivered the most eye-opening report of the current earnings season, smashing expectations for both last quarter’s results and forecasts for the current one, driven in particular by strong demand for processors used in data-center computers. Revenues in the December quarter were $20.2 billion, up 8% from a year ago, and a full $1 billion ahead of Wall Street estimates. For the full year, Intel sees revenue of $73.5 billion and profits of $5 a share; the Street had been estimating $72.3 billion and $4.68 a share.
The Dow Jones fell hard Friday along with the Nasdaq and S&P; 500 after a second case of the coronavirus was confirmed in the U.S.
Like many of its chip peers, Qualcomm (NASDAQ:QCOM) has been on fire. Shares hit new 52-week highs a few trading sessions ago and Qualcomm stock remains in demand among investors.Source: testing / Shutterstock.com It helps that the company has several long-term catalysts in play, while the overall market continues to rally, rally, rally. And in the sector, chips and semiconductors especially are in "surge mode." Whether that's Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Intel (NASDAQ:INTC) or others, the group simply continues to climb.Let's take a closer look at QCOM.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Valuing Qualcomm StockEarlier this month, we asked if QCOM is setting up for a banner 12 months. The short answer? Yes. The long answer underscores a bit more growth. * Invest in America's Most Trusted Brands With These 7 Stocks to Buy Qualcomm is in the beginning of its fiscal year for 2020, but has yet to report the first quarter results. For the year, analysts expect the company to earn $4.19 per share, leaving QCOM trading at 22 times earnings, but it's not as expensive on a forward basis.While current predictions call for 18.4% earnings growth this year, estimates for 2021 call for an incredible acceleration to 45.6% growth, generating earnings of $6.10 per share. That leaves Qualcomm stock trading at just 15 times its 2021 earnings.As for revenue, estimates call for 13.1% growth this year and an acceleration up to 23% growth in fiscal 2021. The numbers here are astounding really, and Qualcomm investors may be set to be major beneficiaries.As Citi analysts recently argued, the company has big exposure to the coming wave of 5G. As Apple (NASDAQ:AAPL), Samsung and other companies shift to 5G service, it translates to top- and bottom-line growth for QCOM. That's why analysts are so bullish on the coming 24 months of business. Not Without RisksQualcomm stock trades at a reasonable valuation, has big-time growth estimates over the next two years and pays a 2.5% dividend yield. It's well-positioned in the coming 5G cycle and has solid financials.But none of that means it comes without risk.First, the company may face regulatory hurdles. While the Trump administration recently came to its defense, the FTC has been hitting Qualcomm hard. While the situation could certainly improve, regulatory risks are higher for Qualcomm stock than many others.Furthermore, it was once in a legal spat with Apple, but then the tables suddenly turned. Apple paid Qualcomm billions to settle and dropped all of its lawsuits, as the company instead wanted to clear the air and do business. However, Apple has also bought Intel's modem business for $1 billion.While this is not a short-term risk, the long-term risk is that Apple begins developing its own chips and eventually cuts Qualcomm down or out. That leaves some long-term questions out in the open, but for now, Apple's ready to play ball, which will lead to big business for the company. Still, this is a situation to monitor going forward.Lastly, there's simply the risk that analysts and investors alike are too bullish on 5G and QCOM's future growth. If the company has to lower expectations or if consensus estimates prove too high, particularly the out years (2021), then Qualcomm shares could take some heat. Trading QCOM Stock Click to Enlarge Source: Chart courtesy of StockCharts.comDespite some of these risks, I'm still looking at Qualcomm as one to buy. The reason is simple. The fundamentals -- for now -- are attractive, and so is the chart. When the technicals and fundamentals align, it creates a very good situation for investors.Earlier in the month, QCOM dipped down to the 50-day moving average, but was instantly gobbled up by investors. The ensuing rally sent shares above $92.50 resistance to new 52-week highs.While bulls may buy the dip on a pullback to the 20-day moving average, I'd like a correction down to the 50-day moving average and even further down to uptrend support (blue line). For now, those deeper dips have been the optimal buy spot for active bulls.If it fails, the $80 level and the 200-day moving average are on the table, whichever comes first. Over the $96.17 high and $100 is possible for Qualcomm stock.Bret Kenwell is the manager and author of Future Blue Chips and on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AAPL and NVDA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks on the Move Thanks to the Davos World Economic Forum * Invest in America's Most Trusted Brands With These 7 Stocks to Buy * 7 Earnings Reports to Watch Next Week The post Qualcomm Stock Could Hit $100, But It Isn't Risk-Free appeared first on InvestorPlace.
Issues affected by the coronavirus outbreak, a big earnings beat and technical look were a few of the issues covered on Friday's PreMarket Prep Show. Airlines, cruise and gaming stocks are suffering most of the damage on the downside, while others like hazmat suit maker Lakeland Industries (NASDAQ: LAKE) have benefited.
Intel Corporation (NASDAQ: INTC ) shares are sharply higher Friday after the company reported strong quarterly results. The Analysts Needham analyst Quinn Bolton maintained a Hold rating on Intel. Wells ...
Stocks extended losses just after midday Friday on news of a second confirmed U.S. case of the China coronavirus, while Intel was a top Dow Jones performer.
Intel Corp stood out with an 8.4% gain after the chipmaker forecast better-than-expected 2020 earnings, joining many of its peers to signal a recovery in chip demand. After a record open for the Nasdaq, Wall Street's main indexes lost ground as U.S. health officials confirmed a second U.S. case of the coronavirus in a Chicago woman and said as many as 63 potential cases were being investigated.
At least 15 brokerages raised their price targets on Intel's stock, with J.P.Morgan making the most aggressive move by boosting its target by $12 to $80, well above the median price target of $65. Revenue at Intel's data center business jumped 19% and sales to cloud computing providers surged 48% year-over-year in the fourth quarter. "We think Intel is benefiting from an improving macro economic climate versus company specific improvements at this time," RBC Capital Markets analyst Mitch Steves said, adding that he expects strong results from data center rivals AMD and Nvidia .