Intel raised Q2 guidance in the middle of the quarter,
an event as rare as
How rare, exactly?
• This was Intel’s first mid-quarter update since
• It was also the first mid-quarter guidance
increase since 2009.
• These events always move Intel shares.
Friday’s 6.8% jump was no exception.
Intel’s boost, by the numbers
• Intel said that corporate PC systems are selling
• Q2 revenue guidance got a 5% boost, along
with raised gross margin targets.
• Full-year targets increased across the board,
• Splunk didn’t have one central rocket booster.
• Instead, the stock enjoyed a series of upgrades by several Wall Street
• Asia-based firm CLSA got the party started, naming Splunk as a
favorite play on cybercrime prevention. CLSA has an $80 price target
on Splunk. The stock currently trades near $47 per share.
• Swiss investment bank UBS kept the ball rolling. After meeting with
Splunk executives, UBS analyst Brent Thill noted that new sales
director Doug Merritt was a big upgrade. UBS has a $56 price target
on the stock.
Intel set 10-year highs this week.
Splunk bounced back from a long fall;
Shares are still down 31% in 2014.
• Like Splunk, GT Advanced Technologies saw several catalysts this
• First, the company signed a supply deal with Qatar Solar Energy,
providing furnaces for the Arab energy company’s solar cell
• Second, the company is reportedly ready to deliver 200 million
sapphire screen covers per year to largest customer Apple.
• GT is said to have everything in order to cover Apple’s sapphire needs
in 2014, including the rumored iWatch and multiple new models in
the iPhone line.
Apple hopes to sell millions of iWatches…
but not without this small-cap