Intel's Massive Profits Just Aren't Enough
The following video is from Thursday's Investor Beat, in which host Chris Hill, and analysts Bill Barker and Charly Travers, dissect the hardest-hitting investing stories of the day.
Despite Intel posting a second-quarter profit of $2 billion, the stock took a hit today after the company lowered its full-year guidance. In our lead story today, Bill and Charly discuss how Intel missed its chance at the first-mover advantage in mobile, and whether the stock looks like a buy today.
Also, our analysts look at four stocks that made big moves on Thursday's market. Higher than expected second-quarter profits drove shares of UnitedHealth to a new all-time high. Also, eBay's earnings were in line with expectations, but the outlook for the rest of the year was disappointing, and shares took a hit. Overstock.com's second-quarter profits came in seven times higher than what they were in this quarter last year. And Nokia's 2nd-quarter sales fell 24%, but analysts were expecting even worse.
Finally, Bill and Charly each pick one stock for investors that they'll be watching closely in the week ahead.
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The article Intel's Massive Profits Just Aren't Enough originally appeared on Fool.com.Bill Barker has no position in any stocks mentioned. Charly Travers owns shares of Nokia and Intel. Chris Hill owns shares of eBay. The Motley Fool recommends eBay, Intel, McDonald's, and UnitedHealth Group. The Motley Fool owns shares of Arctic Cat, eBay, Intel, and McDonald's. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.