"In the wake of Intel's (INTC-NR) recent acquisitions of Fulcrum and QLogic's (QLGC-NR) InfiniBand assets, the company announced last night the acquisition of Cray's (CRAY-NR) interconnect technology," Wunderlich Securities analysts wrote in an April 24 report. "We believe this reflects both strategic intellectual property acquisition combined with product aspirations as technology formerly relegated to external interconnects makes its way into silicon. We further believe Silicon Graphics' (SGI) own technology portfolio, consisting of more than 600 patents mostly around shared memory architectures, may prove tempting as a means to further bulk up the Intel IP portfolio or defend against it. We reiterate our Buy rating and $15 price target."Shares of Intel hit a 52-week high Tuesday of $29.02. The stock's 52-week low of $19.16 was set on Aug. 19. Intel's forward P/E is 10.63; the average for semiconductor companies is 13.67. For comparison, Qualcomm (QCOM) has a higher forward P/E of 15.38. Twenty-seven of the 55 analysts who cover Intel rated it buy. Twenty-five analysts gave the stock a hold rating and three rated it sell. The stock has risen 19.3% year to date.
Comcast The media company is scheduled to report first-quarter earnings on Thursday. Analysts, on average, anticipate earnings of 42 cents a share on revenue of $14.43 billion. "After 5 qtrs of subscriber net adds improving Y/Y and revenue/EBITDA growth generally 25%-35% faster than the cable industry, investors have shifted from being positively surprised by strong execution to expecting it," Deutsche Bank analysts wrote in a report Monday. "This has crystallized in 1Q12 with the debate as to whether Comcast can report positive video net adds, and whether the +/- 20k video net adds is even relevant (0.09% of subs)." Shares of Comcast hit a 52-week high Tuesday of $30.87. The stock's 52-week low of $19.19 was set on Aug. 9. Comcast's forward P/E is 13.94; the average for broadcasting and entertainment companies is 34.45. For comparison, Time Warner (TWX) has a lower forward P/E of 10.49. Twenty-three of the 31 analysts who cover Comcast rated it buy. Seven analysts gave the stock a hold rating and one rated it sell. The stock has risen 30.07% year to date.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
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
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV