27.07.2014 - Intel may accelerate sales growth
According to analysts, market of microchips in the world is steadily growing. Computer technology corporation update is fast enough. So, in the last quarter the U.S. market growth was 6.9%. Stable gain in the market of computers has led to strong financial results of Intel. For the second quarter revenues were $ 13.8 billion that is 8% more compared to 2013. About 70% of the company's revenue comes from sales of chips for computers and stabilization in this market is an incentive for the purchase of shares of the company.
Given the expected growth of the market and stable dividends of the company, we recommend buying the stock with a prospect of growth for the year by 25-30%.