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The Man Who Moved Intel

On Tuesday, CNBC's Fast Money traders were talking a hard look at Intel after JPMorgan analyst Chris Danely downgraded the stock to ‘Neutral” from ‘Overweight’ and called future advances into question.

“The stock has outperformed and the margins are a lot higher,” he tells us. In other words, the stock has fulfilled its potential and Danely doesn’t see other immediate catalysts.

However that’s not to say he’s negative on the chip space entirely – he’s not.

But instead of Intel he suggests taking a look at 3 other names in the space - Texas Instruments, Xilinx and Analog Devices .

Find out why. Watch the video now!

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Trader disclosure: On January 17, 2012 , the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Terranova is long V; Terranova is long CSCO; Terranova is long TRLG; Terranova is long JNPR; Terranova is long DECK; Terranova is long NFLX; Terranova is long XOM; Terranova is long SBUX; Terranova is long AXP; Terranova is long EMC; Terranova is long MUB; Terranova is long IBM; Terranova is long UNG April $5 puts; Scaramucci is long GOOG; Scaramucci is long JPM; Scaramucci is long GS; Scaramucci is long IBM; Edwards is long PM; Dicker is long Vale; Dicker is long CHK

For Anthony Scaramucci
Anthony Scaramucci is one of 8 national finance chairs for Mitt Romney campaign
SkyBridge Capital Is A Fund Of Funds Manager
Scaramucci held a fundraiser for Mitt Romney and contributed to the Romney campaign

For Patty Edwards
Trutina is long Apple (AAPL)
Trutina is long SPDR Gold Trust (GLD)
Trutina is long MSFT
Trutina is long EBAY
Trutina is long T
Trutina is long INTC
Trutina is long PM

For Abigail Doolittle
No disclosures

For Camilla Sutton
No disclosures

For Chris Danley
Market Maker: JPMS makes a market in the stock of Intel.
The following analysts (and/or their associates or household members) own a long position in the shares of Intel.: Shaon Baqui.
J.P. Morgan currently has, or had within the past 12 months, the following company(ies) as clients: Intel.
J.P. Morgan currently has, or had within the past 12 months, the following company(ies) as clients, and the services provided were non-investment-banking, securities-related: Intel.
J.P. Morgan currently has, or had within the past 12 months, the following company(ies) as clients, and the services provided were non-securities-related: Intel.
J.P. Morgan has received compensation in the past 12 months for products or services other than investment banking from Intel.



CNBC.com with wires.

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