Categorie: Equities
Submitted 7 months ago by
Dmartel
, Free Lance Writer
at Affordable Web Design and Marketing
It appears that Intel (NASDAQ: INTC) has themselves in a small pickle. New Yorks AG recently opened an investigation of them for possible violations of state and federal antitrust laws.It appear that Intel is suspected of using coercive techniques with their customers to exclude Advanced Micro Devices (NYSE: AMD) from specific computer processing units. Presumably, a preliminary review reflects a need for this investigation.What's bothersome about this is that is Microsoft really doing much different with various software platforms?But let's gloss over that for another report. Intel is what I really want to talk about. Recently the Intel reportedly the world's largest chip manufacturer reported a 51% profit, although they also reported a decline in sales. While first quarter forecasts are below the range of some expectations, it's none the less significant in this market that they show that significant an increase in profits. Intel is down significantly since the new year began, (about 17%) and if the stock takes another downturn it might be a good play to purchase it. The 52 week low is 18.75 and todays trade is around 19.33 so if it gets back to 18.75 it might be worth the play.
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Submitted 7 months ago by
Dmartel
, Free Lance Writer
at Affordable Web Design and Marketing
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