TSC Ratings' Updates: Intel

The company, on the basis of net income growth year-over-year, has significantly outperformed against the S&P 500 and the semiconductors and semiconductor-equipment industry average. Despite its growing revenue, the company underperformed the industry average of 9.8%. Since the same quarter one year prior, revenue increased by 9.1%.

Intel's debt-to-equity ratio is very low at 0.05 and is currently below the industry average, implying very successful management of debt levels. To add to this, Intel has a quick ratio of 1.79, which demonstrates the ability of the company to cover short-term liquidity needs.

Net operating cash flow has increased to $2.83 billion, or 17%, from the same quarter last year. In addition, Intel has also modestly surpassed the industry average cash flow growth rate of 14.14%.

Intel had been rated a hold since February.

Valley National Bancorp(VLY Quote), a Wayne, N.J., firm, was upgraded to buy from hold. The move was driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover.

The company, on the basis of net income growth year-over-year, has significantly outperformed the S&P 500 and exceeded that of the commercial banks industry average. Net income increased by 4.5% from the same quarter one year prior, going from $39.68 million to $41.48 million.

The gross profit margin for Valley National is rather high, currently at 59.20%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 21.40% is above that of the industry average.