Intel's 2019 Guide Not Conservative
The issue is in their 2019 guide. It's not conservative. Their 2019 guide calls for flattish growth but if you know quarterly models you have to look at the year-ago comparisons.
The year ago quarters got stronger through 2018 meaning to say flat through 2019 will get harder.
If Intel is already seeing a slowdown in Q1 it's going to be tougher to maintain that flattish growth through the year which can make their just released estimates too high.
Intel's datacenter slowing from 25% to 9% in one quarter could have negative implications for Nvidia (NASDAQ:NVDA) that was already slowing in datacenter and AMD (NASDAQ:AMD) who needs to do well in datacenter later in the year. If hyperscalers are slowing it's not good for tech.
CLICK HERE: GET MORE, 14 DAY FREE TRIAL
All investments have many risks and can lose principal in the short and long term. The information provided is for information purposes only and can be wrong. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC, and their related parties harmless. We have no holdings in the stocks mentioned unless otherwise noted.