Analysts’ Comments/Recommendations

Intel stock rises on earnings, layoff plans, billions in planned cost cuts

Intel stock rises on earnings, layoff plans, billions in planned cost cuts

Shares of Intel Corp. rose after hours on Thursday after the chipmaker beat Wall Street’s profit estimates for the quarter and PC chip sales rose slightly than expected, while the company again cut its outlook for the full year and said it plans to cut costs. $3 billion in 2023, including layoffs. Intel INTC, -3.45% …

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These 11 stocks can lead your portfolio's rebound from the S&P 500 'earnings recession' and a market bottom next year

These 11 stocks can lead your portfolio’s rebound from the S&P 500 ‘earnings recession’ and a market bottom next year

It may surprise you: Wall Street analysts expect S&P 500 earnings increase 8% in 2023, despite all the buzz about a possible recession as the Federal Reserve tightens monetary policy to stifle inflation. Ken Laudan, portfolio manager at Kornitzer Capital Management in Mission, Kansas, isn’t buying it. He expects an “earnings recession” for the S&P …

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