Intel Corporation (INTC), Hewlett-Packard Company (HPQ), and How This Simple Strategy Is Crushing the Dow (.DJI) This Year

Movers and shakers
The biggest mover up this past week among the Dogs was Intel Corporation (NASDAQ:INTC), which rose 3.51%. The stock was up for the week despite reporting worse-than-expected earnings on Wednesday. Intel reported earnings per share of $0.40, below analyst expectations of $0.41, and revenue of $12.58 billion, below expectations of $12.61 billion. While the company’s PC processors division reported disappointing sales, the server division boosted revenue by 7.5%, which more than made up for the loss. Fool analyst Doug Ehrman took a close look at Intel’s first quarter and what the future holds for the company. Click here for his take.

The biggest mover down this past week among the Dogs was General Electric, which fell 7.29%. The stock plunged on Friday, after the company reported earnings. GE reported earnings per share of $0.35, in line with analyst expectations, and revenue of $35 billion, above analyst expectations of $34.5 billion. Despite meeting expectations, the stock was down 4% on Friday, as the company reported weakness in Europe and its industrial divisions and said it expects that weakness to continue.

The second biggest mover down was Hewlett-Packard Company (NYSE:HPQ), whose shares finished the week down 6.41%. The stock was down last week, as research from IDC showed worldwide PC shipments dropped 14%, and it continued its decline this week as technology stocks sold off because of worse-than-expected earnings at Intel, IBM, and Apple supplier Cirrus Logic.

The article This Simple Strategy Is Crushing the Dow This Year originally appeared on Fool.com is written by Dan Dzombak.

Find  Dan Dzombak on Twitter, @DanDzombak, or on his Facebook page, DanDzombak. He has no position in any stocks mentioned. The Motley Fool recommends Apple, Intel, Johnson & Johnson, and McDonald’s and owns shares of Apple, Cirrus Logic, General Electric, Intel, IBM, Johnson & Johnson, and McDonald’s.

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