Intel (NASDAQ: INTC) is in a Solid State of Mind

Intel Corporation (NASDAQ: INTC) recently boosted its dividend by 15% to 18 cents, showing solid growth within the company. Intel is readying for the holiday season by lowering the prices on its solid state hard drives. The hard drives are beneficial over traditional hard drives in many ways such as power and data loss. The price point on these drives has always been a reason not to purchase them. However with the decrease in price, it could spur much larger demand.

in the longer term, Intel plans to make headway into the mobile phone market - a market which the company has lagged. The company is well positioned to make an entrance however, as it is the dominant player in the computer processors industry.

Intel was up 1.51% last trading session, to close at $21.53. The stock has a market capitalization for $120 billion and a PE ratio of 11.59.

Where is the Logic? (NASDAQ: INTC)

Intel Corporation (NASDAQ: INTC) released earnings after hours yesterday. The giant chip manufacturer posted 52 cents per share earnings - a 2 cent earnings beat, smashing Wall Street estimates. Intel said that the quarter was helped by corporate demand and emerging markets. Revenue jumped to $11.1 billion, way above analyst hopes for $10.99 billion. Intel guided upwards, forecasting revenues between $11 and $11.8 billion.

Intel (INTC) shares rose 15 cents after hours. The stock trades at 10.6 times earnings making it highly attractive. The rosy outlook should draw in investors looking to pay a low price for solid growth.

Intel Goes KOBATA (Nasdaq:INTC)

New York- Intel Corporation went KOBATA on Tuesday, the chip maker located in Santa Clara, California reported record revenue and record profits. Intel also raised revenue guidance and gross margin guidance for quarter 4. Any Kibbens the CEO of The Markets Are Open explained KOBATA is Wall Street lingo for "knocked it out of the ballpark above top expectations." Kibbens said this was the appropriate term to be used given the earnings beat and the fact the baseball playoffs are currently occurring. Intel shares are roaring up over 1.01% in after hours which is from the time the markets close until 8 PM where stock typically trade at a lower volume.

Cisco Duck

Cisco Systems reported net income of $1.9 billion or $0.33 cents per share for the fourth quarter. Net income came in 73.7% higher than the same quarter last year, and sales were 27% higher. Yet the stock got hammered today as these results missed analyst expectations and gave a hint of a slowdown for business at the networking giant. “Cisco has a good business model, but it’s not good enough in this environment,” said Andy “Raw” Kibbens, star analyst and co-CEO of The Markets Are Open. “There is more competition from the small networking companies, and believe me, they have an excess of growth.” The stock was down a whopping 10% as the earnings results disappointed and as analysts came in to turn the rubble into sawdust.

Analysts at BMO downgraded the stock from Outperform to Market Perform, lowering their price target to $23. An analyst at Oppenheimer cut the rating down by the same amount as BMO. Morgan Stanley gave Cisco an Equal-weight rating. “The downgrades are certainly inline,” Kibbens commented, “I’m not exactly sure was an Equal-weight rating is… I see at as a Hold of some sort. I say cut your Cisco position down to $0 and move into something better.” The company reported a mixed quarter and a weak future outlook for its business. “What do you expect?” Kibben remarked, “$0.33 cents per share is pocket change. Intel reports a beautiful $0.51 cents per share, trades lower than Cisco, and is expecting an even larger surplus of juicy profits next quarter. If you have any intelligence, switch to Intel,” he told reporters. Intel trades at approximately half the PE ratio of Cisco.

Intel Inside the House

Intel smashed estimates after hours today reporting per share profit of $0.51 for the second quarter. Intel beat analyst expectations of $10.25B in sales, by having $10.8B in sales. They also raised estimates for Q3 to between $11.2B and $12B which is incredible.

This is no doubt the best quarter anyone has ever seen from Intel. Jim Cramer from CNBC called this one perfectly and predicted that Intel would have blowout earnings, weeks ago.

Intel is up 3.7% at midday.