Three Stocks Lead Techs Higher (INTC, CSCO, MSFT)

Los Angelas, CA -- (SBWIRE) -- 01/26/2013 -- Intel Corporation (NASDAQ:INTC) reported 2012 full-year revenue of $53.3 billion, operating income of $14.6 billion, net income of $11.0 billion, and earnings per share (EPS) of $2.13. The company generated $18.9 billion in cash from operations, paid dividends of $4.4 billion, and used $4.8 billion to repurchase 191 million shares of stock. Its Data Center Group generated revenues of $10.7 billion, up 6% from 2011.

Intel posted fourth quarter revenue of $13.5 billion, operating income of $3.2 billion, net income of $2.5 billion, and EPS of 48 cents. The company generated approximately $6 billion in cash from operations, paid dividends of $1.1 billion, and used $1.0 billion to repurchase 47 million shares of stock. It recorded a gross margin of 58%, 1.0 percentage point above the midpoint of the company's expectation of 57%. Its Data Center Group generated revenue of $2.8 billion, up 7% sequentially and up 4% year-over-year.

What Are INTC’s Charts Signaling For Traders? Find Out Here

Cisco Systems, Inc. (NASDAQ:CSCO) moved up +0.86% to $21.20 in the mid-day and its total traded volume was 15.53 million shares. Its fifty two week range was $14.96-$21.30. The total market capitalization remained $112.61 billion.

CSCO is ahead of its 52 week low 43.76% and its last month price volatility remained 1.38%. Its beta coefficient was 1.24 with a target price of $21.79. In its share capital, CSCO has 5.31 billion outstanding shares while 5.30 billion shares have been floated in the market. CSCO has insider ownership of 0.16% with its institutional ownership at 71.94%. The Company’s current year earnings per share grew 27.54% while the five year EPS growth rate was +4.92%.

Can CSCO Extend This Massive Gain? Find Out Here

Microsoft Corporation (NASDAQ:MSFT), on Thursday posted a profit of $6.4 billion or 76 cents a share, down from the $6.6 billion, or 78 cents per share, posted in the year-ago quarter.

Wall Street had expected 75 cents per share, on average.

The decline in profits was attributed to a slowdown in Office software sales, which saw a fall of 10 percent to $5.7 billion. This takes into account the loss of deferred revenue relating to discounted upgrades to the new version of the software.

Overall sales rose 3 percent to $21.5 billion, Microsoft said on Thursday, in line with analysts’ estimates. Windows sales jumped 24 percent to $5.9 billion, slightly ahead of analysts’ average expectations.

Can MSFT Move Up Further? If Yes, How far It can Go? Find Out Here

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