Thursday 19 November 2015

1pm update - INTC vs SQ

Whilst US equities trade in moderate chop mode, there is notable strength in Intel (INTC), +3.4% in the $34.20s. INTC is trading higher on news of a dividend raise (26 cents... from 24 cents per quarter).. and a broadly positive outlook for 2016. On the other side of the spectrum...  Square (SQ). No dividends... not much of anything.


INTC, weekly



SQ, daily



Summary

Without question.. INTC is one of the finest tech companies in the world.

Having floored in the primary target zone of $26/25 in Aug.. its already around 30% higher... and 6.6% higher for the month. The $40s look due... and long term.... far... far higher.

Or maybe you'd like to own some SQ instead?   
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