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Intel Corporation (INTC - Free Report) is the world’s largest manufacturer of semiconductor products. Intel reported mixed third-quarter 2019 results. While earnings increased on a year-over-year basis, revenues were unchanged. The primary focus area at the moment is the data center and cloud, where Intel is doing everything possible to maintain its market share and profitability. We are particularly optimistic about the data center business. Intel’s non-volatile memory business is poised to take off. And, its acquisition of Israel-based Mobileye, an autonomous vehicle technology provider is significantly positive in our view.
Tesla, Inc. (TSLA - Free Report) , designs, produces and sells electric cars, solar energy generation systems and energy storage product. With Model 3 sedan being its flagship vehicle, Tesla has established itself as a leader in the EV segment. Rising Model 3 delivery, which forms bulk of the automaker’s overall deliveries, is aiding the company’s top-line growth. Notably, Tesla is making efforts to increase vehicle deliveries. Shares of Tesla rose recently after it reported third quarter earnings where it raised cash and increased its margins.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
Top Stock Picks for Week of October 28, 2019
Intel Corporation (INTC - Free Report) is the world’s largest manufacturer of semiconductor products. Intel reported mixed third-quarter 2019 results. While earnings increased on a year-over-year basis, revenues were unchanged. The primary focus area at the moment is the data center and cloud, where Intel is doing everything possible to maintain its market share and profitability. We are particularly optimistic about the data center business. Intel’s non-volatile memory business is poised to take off. And, its acquisition of Israel-based Mobileye, an autonomous vehicle technology provider is significantly positive in our view.
Tesla, Inc. (TSLA - Free Report) , designs, produces and sells electric cars, solar energy generation systems and energy storage product. With Model 3 sedan being its flagship vehicle, Tesla has established itself as a leader in the EV segment. Rising Model 3 delivery, which forms bulk of the automaker’s overall deliveries, is aiding the company’s top-line growth. Notably, Tesla is making efforts to increase vehicle deliveries. Shares of Tesla rose recently after it reported third quarter earnings where it raised cash and increased its margins.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>