pushing the sector more than 1% lower on Friday — the two analysts don't think the moves spell doom for the sector.
"There is some value down here on a pullback" in Intel, Bill Baruch, founder and president of Blue Line Futures, told CNBC'sBut for those not willing to risk buying Intel after its slide, Baruch suggested avoiding "the idiosyncratic risk" and instead buying into the, known on the Street as SOXX, which was above $210 before Monday's opening bell.
"There's a breakout there out above $200, and it's going to stay above there," Baruch said of the fund, which counts
TradingNation
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Intel puts modem business up for sale, held talks with Apple: WSJIntel Corp is exploring strategic options for its modem chip business, including...
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »
Apple Held Talks With Intel About Buying Its Smartphone-Modem Chip BusinessApple held talks with Intel about acquiring parts of its smartphone-modem chip business, a potential multibillion-dollar deal that would accelerate the iPhone maker’s efforts to develop wireless technology for its devices.
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »
Intel stock plummets on disappointing earnings outlook as new CEO takes ‘a more cautious view’Intel Corp. shares dropped in the extended session Thursday after the chip giant’s outlook fell way below Wall Street estimates offsetting an earnings beat. Still smile . No worry next time
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »
Stocks making the biggest moves premarket: Amazon, Intel, Ford, Qorvo, Mattel & moreSome of the names on the move ahead of the open. What happens when rental car companies no longer need cars in 2019 because they already bought so many at steep discounted prices? I have an answer - F stock will tank like a brick. smokeandmirrors realeconomy Whatever happened to Ken?
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »
Tech stocks weigh on Wall Street after weak Intel resultsU.S. stocks edged lower on Friday as technology shares were hit by Intel's ...
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »
Stocks making the biggest moves midday: Ford, Intel, Mattel & moreThese are the stocks posting the largest moves midday Friday.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »