NEW YORK ( TheStreet) -- Tech stocks led gains in the broad market Tuesday, bolstered by hopes of a third-quarter earnings beat by chipmaker Intel (INTC - Get Report). The Nasdaq closed up Tuesday 16 points at 2,417.Citing strength in PC chipsets and microprocessors for the third quarter, Intel posted strong results Tuesday, reporting a 59% leap in earnings over the same period last year. Intel also reported a quarterly profit of about $3 billion, or 52 cents a share.
Intel, EA: Tech Winners & Losers
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.