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While AMD benefits from a Goldman upgrade, Intel (INTC -2.7%) is heading south as more negative...

While AMD benefits from a Goldman upgrade, Intel (INTC -2.7%) is heading south as more negative Street commentary arrives in response to Friday's warning. CLSA and Miller Tabak see little reason to go long while PC demand remains depressed, and Nomura predicts weak notebook sales will result in 2013 EPS of $2, well below a consensus of $2.33. Also, JPMorgan is now predicting 2012 PC sales will fall 2.3% Y/Y.
Comments (4)
  • PalmDesertRat
    , contributor
    Comments (3050) | Send Message
     
    bot some intc today at 23.42
    10 Sep 2012, 01:19 PM Reply Like
  • J.D. Welch
    , contributor
    Comments (1990) | Send Message
     
    It's a good time to buy...
    11 Sep 2012, 12:09 AM Reply Like
  • hyperion15
    , contributor
    Comments (69) | Send Message
     
    Intc at a 4% yield looks really good.
    11 Sep 2012, 01:42 AM Reply Like
  • Ashraf Eassa
    , contributor
    Comments (9157) | Send Message
     
    If it actually sees 4%, expect a lot of buyers to come in. $22.50 will be a nice support level.
    11 Sep 2012, 07:45 AM Reply Like
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