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Pro Analysis

Bullishness on Intel surging: Social media data

Intel CEO Brian Krzanich
Getty Images
Intel CEO Brian Krzanich

Shares of Intel saw a spike in bullish mentions on Twitter in the past week as the company announced better-than-expected third-quarter sales guidance Friday.

Social Market Analytics, which scans posts on social networks to form predictive trading signals, found that the chip giant had among the five-biggest increases in bullish sentiment among major U.S. stocks in the last five trading days.

Intel shares rallied on the increase in its guidance and are now up 3 percent for the month versus the S&P 500's negative 1 percent return as of midday trading Wednesday.

The company said it was "seeing some signs of improving PC demand" in the news release. It raised its third-quarter sales guidance to $15.6 billion at the midpoint from $14.9 billion previously.

Below are the other four stocks seeing the biggest one-week jump in bullish sentiment on Twitter, according to SMA.