CAIM, LLC Newsletter Sign Up



bonds (8)



No content published as part of the CAIM LLC blog constitutes a recommendation that any particular investment, security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent any of the content published as part of the blog may be deemed to be investment advice, such information is impersonal and may not necessarily meet the objectives or needs of any specific individual or account, or be suitable advice for any particular reader. Each reader agrees and acknowledges that any specific advice or investment discussed in the blog must be independently evaluated by the reader and his or her adviser in view of the reader's investment needs and objectives.

Triple Whammy for Intel (INTC)

April 15, 2010


INTC announced it’s 1Q earnings results. The quarter beat expectations on both a revenue and eps level. The street was looking for revenues of $9.7 billion and came in at $10.3 billion. Earnings consensus was $.38 and posted $.43. In addition, gross margins for the quarter were better than expected. at 64% versus 61%. The triple whammy for INTC! We are even more excited about the prospects for this stock as the quarter revealed the beginnings of a cyclical recovery in demand for corporate servers. Prior demand for INTC was mostly driven by consumer electronics. The company has guided annual eps up and we are increasing our target on this company to $31 or 16.5x 2010e of $1.90.

Home | Contact Us | Privacy Policy | Sitemap

© 2018 CAIM LLC, All Rights Reserved.