Why Intel (INTC) Shares Are Up Today

NEW YORK (TheStreet) -- Intel (INTC) was gaining 1.3% to $25.65 Friday following the announcement of a new partnership with Cloudera.

Intel also made a significant investment in the software company, saying it made the "single largest data center technology investment in its history." Following the investment Intel will abdnaon its open source Hadoop framework, which helps handle Big Data, in favor of Cloudera's system.

As part of the partnership Cloudera will make Intel processor's its "preferred platform," and will support Intel's data fabric, flash memory, and security technology.

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TheStreet Ratings team rates INTEL CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate INTEL CORP (INTC) a BUY. This is driven by a number of 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's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

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