GO
Loading...

Stock Picker: My Intel, AMD Plays

CNBC.com
Tuesday, 12 May 2009 | 1:55 PM ET

Intel is hosting a 2-day analyst/investor conference. What can investors expect from the chip maker? Doug Freedman, Broadpoint AmTech senior semiconductor analyst, offered CNBC his outlook for Intel and the industry in general.

(See below for his buy/sell/hold recommendations.)

"We're expecting them to talk quite a bit about what's happening in the marketplace, as mix shift moves lower — as well as the company's ability to maintain its margins there," said Freedman.

The Intel Trade
Insight on what to expect from the tech giant's investor conference and why it is a "buy," with Doug Freedman, Broadpoint AmTech senior semiconductor analyst.

"We expect to hear what their expectations are for the IT market and the server market, which is very margin-accreted — and when we can expect that [server market] to come back."

As to the impact of possible antitrust fines imposed by the EU, Freedman has no fear "for a company of Intel's size."

  • Jim Goldman on Intel
  • Who Owns Intel Now?

Instead, he says, "people might focus on what business processes the EU is looking for Intel to change."

And even then, he says, "these changes will be more material to impact AMD," Intel's smaller rival. "Whether the US is going to follow suit" and impose similar process changes "is of more interest to the investor."

Recommendations:

Freedman has "Buy" ratings on Intel and AMD .

______________________________
CNBC Slideshows:

___________________________

______________________________
Other Chip Industry Players:

Microchip Technology

Qualcomm

Broadcom

______________________________
Disclosures:

Disclosure information was not available for Freedman or his company.

Disclaimer

  Price   Change %Change
AMD
---
BRCM
---
INTC
---
MCHP
---
QCOM
---

Featured