Intel Ahead Of Earnings
Intel (INTC) releases earnings after the Bell tomorrow giving you one day to make your move. What is it?
Jeff Macke likes INTC going into earnings. For the tech sector to work as a whole, Jeff advises investors to listen for companies to say what Cisco (CSCO) said on Monday, good things about "capex".
Dylan Ratigan explains that an increase in "capex" signals large companies are making major investments in their technology upgrades. That translates into profits for companies that make the guts of information technology.
Tim Strazzini adds that he’s looking for an increase in margins with INTC.
Eric Bolling thinks it will take 6 to 9 months for increased revenues to be reflected in share price and says he sees no need to run out and buy INTC tomorrow.
Take Your Position
| TICKER | COMPANY | PRICE | CHANGE | %CHANGE |
|---|---|---|---|---|
| CSCO | Cisco Systems Inc | 48.17 | -0.17 | -0.35% |
| INTC | Intel Corp | 31.83 | -0.20 | -0.62% |
Questions? Comments?
Trader disclosure:
On APR 16, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders Strazzini Owns (POT), (TIN), (YHOO), (WY) Bolling Owns (NMX), Gold, Silver, (SZE), (VE) Najarian Owns (WM), (ETFC), (XLF), (EWBC)