Topic: How To Invest

Wall Street Stock Forecaster Hotline – Friday, April 6, 2018

Article Excerpt

INTEL CORP., $48.79, Nasdaq symbol INTC, is the world’s leading maker of computer chips: its products power 80% of all personal computers. The stock fell 5% this week in response to media reports that APPLE INC., $168.38, Nasdaq symbol AAPL, plans to use its own chips in its Mac computers instead of Intel processors. The switch would occur in 2020. Apple already designs the chips that power its mobile phones. Using its own chips in Mac computers would help them work better with iPhones and iPads. However, the impact on Intel would be small as Apple accounts for just 4% of its overall revenue. As well, Intel continues to develop chips for datacentres and self-driving cars. Those products help cut its reliance on personal computers. OUR RECOMMENDATION: Intel is a buy, but Apple is still a hold. Intel recent coverage April 2018 issue Hotline for January 5, 2018 Apple recent coverage Hotline for March 29, 2018 February 2018 issue BOEING CO., $326.12, New York symbol BA, is…