Intel Corporation (NASDAQ:INTC) On Fire- Stocks Moved From Lows of $24 to A Trading Range of $33

Intel Corporation (NASDAQ:INTC), has seen some significant increases over the span of one year. The company has successfully jumped up from the $24 lows of January to $35 peaks of August. The stock prices of the company, when compared with the figures of last year, have increased by 27 percent, and are currently being exchanged near $33 range.

Some analysts have shown skepticism over the moves of Intel, especially during a time when the personal computer industry is at its peak. However, the other set of analysts believes that the company has much more potential. Intel Corporation (NASDAQ:INTC), the leading manufacturer of semiconductor chips, has shown very strong earnings figures during its most recent quarter: one of the reasons why the stocks have a ‘buy’ rating.

While the company is growing at a fast pace and the stocks are being exchanged at relatively higher levels, the analysts are still worried about the future of the company. The questions as to whether the company will be able to grow at the current pace are still in circulation. Intel Corporation (NASDAQ:INTC), however, is confident about its future, mainly because of its deal with Panasonic. Not to mention that the company has reported remarkable numbers from the operations that it carry in the developing markets.

Intel Corporation (NASDAQ:INTC) not only manufactures components that are used in computers but it now designs components for smartphones as well. Intel is facing competition from Qualcomm, Inc. (NASDAQ:QCOM) as well as from Advanced Micro Devices, Inc. (NYSE:AMD); both the competitor companies have shown positive performance in the recent quarters; however, they failed to surpass Intel’s recent rally.

Intel Corporation (NASDAQ:INTC), during its most recent quarter, reported a total revenue of $13.8 billion; an increase of 8 percent can be seen if the figures are compared with the revenues of $12.8 billion for the prior quarter. Similarly, the EPS (earnings per share) of the company reached 55 cents during its second fiscal quarter. The EPS was recorded to be at 38 cents for the first fiscal quarter of 2014.

Coming to the costs of the company, Intel Corporation (NASDAQ:INTC) successfully managed to keep the Research and Development costs at a minimum. The company’s total costs for the second quarter, including the general and administrative costs, were recorded to be at $4.9 million; the same as that of the first quarter’s costs.

The net income of the company increased from $1.9 billion to $2.8 billion during its second quarter. Intel Corporation (NASDAQ:INTC) also saw an increase in its operating income; the numbers were recorded to be around $3.8 billion, up from $2.5 billion operating income of the first quarter.

The company’s stocks are still flying high. Intel Corporation (NASDAQ:INTC), on the last trade day, August 7, 2014, started its stocks at a price of $32.93 and closed at a price of $32.68, after touching the highest figures of $33.15. The company has a total market capitalization of $161.8 billion with a price to earnings ratio of 16.21. As far as the dividend yield of the company is concerned, the numbers are reported to be around 2.75 percent.