Is Intel a Safe Haven In Uncertain Times?

Once again Intel (INTC) has proven itself to be a safe investment in times of turmoil. The latest quarter beat the best analysts expectations by 8 cents as earnings came in at 59 cents. This is the 10th consecutive quarter Intel has surprised the market with outstanding results. The EPS was 16% higher than the same quarter last year.

The revenue increased, year over year, by 22% to 13.112 billion, again well ahead of expectations. Intel is firing on all cylinders with double-digit growth in every segment of the company.This is the 5th consecutive quarter of record revenue.

The future looks even rosier with expectations from management of revenue between $13.5 and $14.5 billion and a gross margin around 65%. The strong momentum should carry through into the second half of 2011 with management projections of annual revenue growth in the mid-20 percent range.

As of July 2, Intel had over $13 billion in cash, cash equivalents and securities compared with $2.1 billion in long-term debt. The company spent $2.0 billion repurchasing 93 million shares.

Intel also spent $961 million in the quarter paying dividends. *

The current dividend yields a very tatsty 3.3% and is one of the safest incomes to be found anywhere in these troubling times..

As a value investment Intel trades at only10.2x 2011 earnings, which is a 50% discount to the industry average of 15.x earnings.

The fact that the shares went down after such outstanding results perhaps questions the negative view of Intel by the analysts who continue find fault with one of the best growth and value stocks.

The question investors need to ask themselves right now … is Intel a safer investment than Gold or Treasurys over the next 12 months?

Hot this week

Did David Wineland and Serge Haroche Steal Idea For The Nobel Physics Prize?

Dr. Omerbashich says the Royal Swedish Academy is a Crime Scene and he has the proof that Nobel laureates stole his discovery.

New Approaches to Disaster Relief Challenges

Disaster relief has always been a challenge. NASA, Google,...

3 Legitimate Money Making Methods to Supplement Your Income

In a perfect world, when your landlord raises your...

2016 Predictions by World Renowned Medium and Psychic Lindy Baker

World renowned medium and psychic Lindy Baker is interviewed by The Hollywood Sentinel, discussing psychic power, the spirit world, life after death, areas of concern in 2016, and much more.

Digital Coupon Customers Spending More Than Double At Stores

A new study shows that customers who use digital coupons go shopping more for groceries and other household goods more often and spend more on their shopping trips.

From Timescale to TigerData: Signals a Bold Future for PostgreSQL

TigerData, the new name for Timescale, has officially unveiled...

Protest to Stop “King Trump” and ICE from deporting Murderer Child Rapists

On June 14th, in MacDonald Park, Queens, the usual...

USAID Official, Three Executives Plead Guilty to Fraud

USAID official Roderick Watson and three company executives pled...

Truth, Justice, and the Price of Peace: A Letter to Humanity From a Tired Citizen of Earth

What is the price of peace when your heart is breaking - not from rockets or protests or flags or chants but when people stop listening.

Don’t Let’s Go To The Dogs Tonight – a South African Memoir

The war began in 1964. Don’t Let’s Go to the Dogs Tonight is set in the summer of ‘79, just before an election, with white minority rule under threat.

With Republicans in Power, Firearms Rights Advocates Push to Reform Gun Laws

Gun Owners of America, a gun rights lobby, joined...

Israel Film Festival (IFF)-June 6, 2025 Prelude Luncheon

While the world antagonizes Israel, currently fighting an existential war, the Israel Film Festival (IFF) proudly held its annual sponsor luncheon.

Unibeam Secures $6M to Replace Vulnerable SMS OTPs with SIM-Based Authentication

In a bold move to redefine digital authentication, Israeli...

Related Articles

Popular Categories