Active Stocks in Focus: Intel Corporation (NASDAQ:INTC), Visa Inc. (NYSE:V), Flextronics International Ltd. (NASDAQ:FLEX)

April 26, 2023 6:56 am0 commentsViews: 93

Wall Street declared Intel Corporation (NASDAQ:INTC) is the best suitor for Qualcomm Inc’s chip unit, if the maker of Snapdragon mobile processors decides to break itself up. “The chip accord to end all chip accords,” says Cowen and Co analyst Timothy Arcuri, would give Intel’s smartphone chip making business a much-needed boost. It would also allow Intel to expand its footprint in the key Chinese market. Cowen’s Timothy Arcuri stated the business could be worth about $20 per share – less than a third of Qualcomm’s current share price – and Intel could offer $25 per share. Intel Corporation (NASDAQ:INTC) has the market capitalization of 136.08 Billion. Shares of firm plunged -0.05% to close at $28.59 with the total traded volume of 32.96 Million. The firm has current ratio of 1.80 for the most recent quarter.

Visa Inc. (NYSE:V) stated third-quarter net income of $1.7 billion or $0.69 per class A share compared with $1.4 billion or $0.54 per share a year ago. Not including revaluation of the Visa Europe put option, adjusted earnings for the recentquarter were $0.74 per share, the firmstated. Its revenues for the quarter rose 12% to $3.52 billion from $3.16 billion in the same quarter last year, driven by growth in service, data processing and international transaction revenues. For the full year 2015, Visa still expects constant dollar incomegrowth of low double digits; but now with an expectation of 2.5 percentage points of negative foreign currency impact, compared with previousforecast of a 2 percentage points negative impact. Visa Inc. (NYSE:V) day-trade ended with -0.31% to $71.75. The stock is going forward to its 52 week low with 47.85% and lagging behind from its 52 week high price with -1.71%. V last month stock price volatility remained 1.28%.

Contract electronics manufacturer, Flextronics International Ltd. (NASDAQ:FLEX) stated net income for the FIRST QUARTER of $111 million or $0.19 per share, compared to $174 million or $0.29 per share for the year-beforequarter. Not including items, adjusted net income for the FIRST QUARTER was $134 million or $0.23 per share, compared to $148 million or $0.25 per share in the previousyear quarter. Analysts polled by Thomson Reuters predictable the firmto earn $0.23 per share on incomeof $5.89 billion for the FIRST QUARTER. Analysts’ estimates typically exclude special items. Flextronics International Ltd. (NASDAQ:FLEX) stock price closed at $10.89 with the total traded volume of 4.65 Million shares. Its price to sales ratio ended at 0.23. Its market capitalization is 6.14 Billion. The stock owned by the Financial Institutions was 93.00% while by insiders was 0.30%.

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