Chart Predicts This Blue Chip Could Stage a Double-Digit Rally

Intel Corp. (INTC) beat the Street's estimates when it announced its third-quarter results last week. The company reported earnings per share (EPS) of $0.58, beating the consensus estimate of $0.53. Revenue for the quarter was $13.5 billion, which was in line with analysts' expectations. 

In terms of its outlook for the fourth quarter, INTC announced that it expects revenue to come in somewhere around the $13.7 billion mark, while the Street expects fourth-quarter revenue of $14 billion. 

CEO Brian Krzanich was upbeat about the company's third-quarter performance and strategy execution: "We're executing on our strategy to offer an increasingly broad and diverse product portfolio that spans key growth segments. Read more.

 

Intel A New Era Of Mobile Computing Is Here

Intel (INTC) has finally found the magic formula that is going to make it a dominant force in the mobile CPU market. For five long years, Android and iOS device manufacturers ignored Intel's processors and instead used ARM (ARMH) products from Qualcomm (QCOM) or Samsung (SSNLF). However, this is not the case anymore. Intel proved it too can produce a cheap, low-power CPU that is fit to use for smartphones and tablets.

As of October 28, Intel's Bay Trail processor-equipped convertible laptop/tablet Asus T100 is Amazon.com's (AMZN) #2 best-selling "Computer & Accessories" electronic product. This achievement is worth praising because the category covers all laptops and tablet computers including the Kindle Fire. The $399 Asus Transformer T100 has also sold out on Newegg.com. The same thing is happening to other online computer sellers; so many people are buying the Asus T100 that shops are running out of stock. INTC.

Intel: A New Era Of Mobile Computing Is Here

Intel (INTC) has finally found the magic formula that is going to make it a dominant force in the mobile CPU market. For five long years, Android and iOS device manufacturers ignored Intel's processors and instead used ARM (ARMH) products from Qualcomm (QCOM) or Samsung (SSNLF). However, this is not the case anymore. Intel proved it too can produce a cheap, low-power CPU that is fit to use for smartphones and tablets.

As of October 28, Intel's Bay Trail processor-equipped convertible laptop/tablet Asus T100 is Amazon.com's (AMZN) #2 best-selling "Computer & Accessories" electronic product. This achievement is worth praising because the category covers all laptops and tablet computers including the Kindle Fire. The $399 Asus Transformer T100 has also sold out on Newegg.com. The same thing is happening to other online computer sellers; so many people are buying the Asus T100 that shops are running out of stock. INTC