Analysts and investors are swarming over Intel Corp. (NASDAQ:INTC) because of the guidance it posted and the raise in dividends it announced after its analyst day. Intel Corp. (NASDAQ:INTC) stock has been waning for some time, not receiving any support from Wall Street. But now, analyst are coming on board because of the company’s emphasis on mobile-only technology. Intel Corp. (NASDAQ:INTC) is one of the top performers on DJIA stock of 2014, gaining more than 41 percent. This will attract the attention of the investors worldwide, who were beginning to lose interest in Intel Corp. (NASDAQ:INTC).
It was forecasted that Intel Corp. (NASDAQ:INTC) would be losing money in 2015, since it’s not on board yet with mobile computing via tablets and smartphones. But the analyst day has changed everything. Not only the company raised the dividends for the shareholders, it also announced that the company will rise by 30 percent in the next two years. That restored the faith of the investors who are now eager to invest in Intel Corp. (NASDAQ:INTC).
Intel Corp. (NASDAQ:INTC)’s new adjusted dividend rise of 2.7 percent is one of the largest among technology companies. It will put Intel Corp. (NASDAQ:INTC) on 15 among 70 tech stocks on S&P500. Intel Corp. (NASDAQ:INTC) is ushering in a new era of computing and the investors want in, anticipating the boom it will create in the market. It’s ironic because only months ago Intel Corp. (NASDAQ:INTC) was abandoned by investors and deemed lackluster and out dated for not being on board with mobile computing operations.
Microsoft (NASDAQ:MSFT) letting go of Windows XP has reset the demand trends this year. Now companies are spending on Windows 7 which demands larger and powerful operating systems. Intel Corp. (NASDAQ:INTC)’s guidance for 2015 included forecast for revenue growth with gross margin of 62 percent, capital spending will be 10.5 billion. Dividend raise came as a big surprise to everyone because reports were that Intel Corp. (NASDAQ:INTC) was in no position to offer anything to the shareholders.
Intel Corp. (NASDAQ:INTC)’s stock is still unpopular among the folks on Wall Street, but it’s only a matter of time that it will gain popularity. Analysts believe that Intel Corp. (NASDAQ:INTC) has provided the answers for the loopholes, which were the dividends and mobile computing. Now it’s just a matter of time when investors will come aboard and join the ride.
Many people on the market are calling this a reincarnation of Intel Corp. (NASDAQ:INTC), considering that it was trading poorly in the market only few weeks ago and there was no hope that anything positive would come out of it for the next whole year but things have miraculously turned around and Intel Corp. (NASDAQ:INTC) has surprised everyone on the market. The dividend raise turned the tables for the company and left every disbeliever dumbfounded. In the oncoming days, Intel Corp. (NASDAQ:INTC) will regain its status of being one of the hottest tech stocks in the market, and its stronger renaissance points to the evident.