4 posts and columns on Sumit Dhanda

Intel Beats Bust? Big Time

in News on January 14, 2010 at 1:18 pm PT

When it last reported earnings, Intel surpassed Wall Street’s expectations and issued a strong outlook for the rest of 2009. So investors had high hopes for its latest quarterly report. And Intel appears to have met them. Reporting fourth-quarter earnings after market close Thursday, the company blew the doors off consensus estimates that called for 30 cents a share in profit on revenue of $10.17 billion.
intel-sponsors-of-tomorrow-presents-tomorrows-stars-today

Intel Beats Bust? Big Time

in News on January 14, 2010 at 1:18 pm PT

When it last reported earnings, Intel surpassed Wall Street’s expectations and issued a strong outlook for the rest of 2009. So investors had high hopes for its latest quarterly report. And Intel appears to have met them. Reporting fourth-quarter earnings after market close Thursday, the company blew the doors off consensus estimates that called for 30 cents a share in profit on revenue of $10.17 billion.
intel-sponsors-of-tomorrow-presents-tomorrows-stars-today

Voices

Merrill Turns Cautious on Chips, Foundries; Many Downgrades; Stocks Swoon

in News on November 19, 2009 at 8:40 am PT

Bank of America/Merrill Lynch chip analyst Sumit Dhanda this morning turned cautious on semiconductor stocks, downgrading a slew of stocks; his colleague Daniel Heyler made a comparable on the foundries, lower ratings on a number of stocks. “We are downgrading our view on the sector given unfavorable indications from our cyclical framework,” he writes.

Voices

AMD: Bank of America Upgrades to Neutral

in News on September 8, 2008 at 9:04 am PT

Bank of America’s Sumit Dhanda this morning upped his rating on Advanced Micro Devices (AMD) to Neutral from Sell, setting a price target of $6. “Having been consistently cautious on the stock since early 2006, we now believe that our thesis has largely played out–share losses to Intel (INTC), persistent pressure on cash flow/profitability, strain on the balance sheet–and that the stock has limited downside risk from current levels.”