Despite earnings surprise, Intel still risky
The risk in the stock still outweighs the reward at current share prices.
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Intel stressed that it was concerned about how a slowdown in European growth might lower PC sales in that market.
The risk in all stocks right now is slowdown or collapse of the EU economies. Intel doesn't have any larger risk than any other stock to this and less than many considering Intel's rate of expansion in emerging markets which could be cut by an EU collapse. You don't think Apple's profit and revenue couldn't be cut by an EU collapse? Watch out below.
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An interest rate tease in The Wall Street Journal sends the market into an optimistic tizzy -- but one that doesn't end quite at the top.
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