Intel (INTC)

(Market call minute.) He likes semiconductors, but would prefer Avago (AVGO-Q) or Nvidia (NVDA-Q). This one is going to have some difficulty because of their desktop exposure.

(Market Call Minute.) There is a decline in desktop PC demand, and they have not successfully navigated over to the mobile chip set. Until he sees the mobile work or a slowing secular decline in desktop, this still has a bit of a headwind.

He uses departure analysis when the 50 crosses the 200. When that happens you are too far. The trend is clearly upward. Technology should do well this year so stick with it.

Chart shows a big drop from the beginning of the year, but the stock has bounced off support, which is really positive. He is looking for this to go back up to $35. If this drops below $27, that is maybe where you should be exiting your position.

(Top Pick Jan 8/15, Down 16.51%) Model price suggests a 50% upside. You are being paid to wait.

The timing is very good. Does well from October to mid-Feb. It is doing it again. This is a period of season strength. There is a very good chance it will break into a new high. Continue to hold it.

Historically, semiconductor stocks have done very well from mid-Oct until around the 2^nd week of Feb. However, this one has not been doing what it is normally expected to do. In the last 2-3 weeks, it has been going down when most of the technology sector has been going up. It has been underperforming the market. He likes this sector and normally likes this company on a seasonal basis, but this year it is just not quite doing it.

He likes tech stocks. It broke a downtrend recently. He thinks it is going to get at least back to the old highs. He will review it in the spring as it is a trade.

(Top Pick Nov 25/14, Down 4.07%) Chips are in everything. The September lows are much higher lows than in August. NVDA-N is his preference now in the semiconductor space.

It is a fine company with some fire power and there is a potential they could reinvent themselves, but now they are fighting the headwind of being a chip supplier to PCs in a smartphone age. He would go to AAPL-Q, GOOGL-Q, and FB-Q.

He likes this.

Good value here. Not his favourite tech stock. The stock has come down and has a nice dividend. Trades at a very low multiple. Thinks you would be fine with this, but would rather see you in other areas of technology. Dividend yield of 3.3%. (See Top Picks.)

Getting back to the process, looking back at leadership. Semi-conductors have been breaking down for a some time now. Whole sector is suffering. Intel is facing a really tough PC demand knock against them. It is a declining industry group in a struggling sector. Something he would stay away from.

Big semiconductor company. Primarily PC-based in the past and PCs are in a secular decline which has really hurt them. They didn’t really capture the whole mobile space. Has recently been down because of a downgrade by a big brokerage firm, which is seeing some negative momentum in the data centre business sector. With technology you want innovation and growth, so she would not be buying it here.

A good dividend paying company with growth prospects. He likes tech and thinks it will be an outperforming sector. He expects consistent, multi year increases in dividends. Get exposure to cooperate CapX expenditures.