Intel Gets Caution Flags As Stock Hits 10-Year High

By | July 16, 2014

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Chipmaker Intel (INTC) is riding high, thanks to strong second-quarter sales of business PCs and data centers. But Wall Street analysts are throwing up caution flags as the stock hit a 10-year high on Wednesday. Late Tuesday, Intel reported second-quarter results that beat heightened expectations. Intel earned 55 cents a share in the June quarter, up 41% vs. the year-earlier quarter. Sales rose 8% to $13.83 billion. Analysts polled by Thomson Scalper1 News

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