'Fast Money' Recap: Intel's Big Jolt

NEW YORK (TheStreet) -- Intel(INTC Quote) jolted the market in after-hours trading with a strong earnings report and guidance.

Intel was the bright spot in a so-so day. The Dow Jones Industrial Average fell 14.74, or 0.15%, to 9,871.06 in the regular trading session, while the S&P 500 dropped 3, or 0.28% to 1,073.18. The Nasdaq rose 0.75, or 0.04%, to 2,139.89.

Melissa Lee, the moderator of CNBC's "Fast Money" TV show said Intel rose 5% in after-hours trading after it handily beat expectations and issued an aggressive guidance for the fourth quarter.

For a breakout of some stocks from a recent "Fast Money" TV show, check out Dan Fitzpatrick's "3 Stocks I Saw on TV."

3 Stocks I Saw on TV

Guy Adami called it a "fantastic" quarter, adding it will be interesting to see Goldman Sachs' evaluation of the report. He said investors can now take Intel's closing price at $20.50 as the new support level for the stock.

Joe Terranova said investors can use Intel's earnings report to line up the market going forward. He said said the report signifies the PC upgrade cycle is "for real."

Pete Najarian said Intel's earnings was not just a beat, but a resounding "crush." He said the chipmaker's is saying that its entire portfolio is doing well and not just notebooks.

Karen Finerman said Intel's aggressive guidance of revenue growth and gross-margin expansion is "great for the stock."

Lee said Intel's strong report was lifting other tech stocks in after-hours like Microsoft(MSFT Quote), IBM(IBM Quote) and Nvidia (NVDA Quote).