It becomes apparent that consumers have shifted away from traditional computers and are now opting for tablets. The environment for technology stocks continues to evolve, and it appears Intel is still relying on the consumer trends of yesterday.
Past News ReleasesRSS
New York, NY (PRWEB) September 22, 2012
In a recent Investment Contrarians article, editor Sasha Cekerevac notes that, while commodity stocks, such as iron ore producers, tend to suffer the most in a weakening global economy, it now appears that technology stocks are feeling the brunt. Citing Intel as an example, Cekerevac reports that the PC market sector, in particular, is finding it hard to weather this latest economic storm, feeling the effects of a consumer shift toward alternative technologies.
Cekerevac notes that Intel drastically lowered its forecast for the third quarter based on a dramatic decline in demand, which the firm believes stems from a weakening global economy.
“With PC makers lowering orders ahead of the holiday season, it becomes apparent that consumers have shifted away from traditional computers and are now opting for tablets,” says Cekerevac. “The environment for technology stocks continues to evolve, and it appears Intel is still relying on the consumer trends of yesterday.”
Technology stocks, such as Intel, in the traditional PC space are going to see tremendous headwinds over the next few quarters, Cekerevac reports.
With a global economy that continues to weaken and a shift by consumers into tablets and smartphones, Cekerevac believes it is going to be extremely difficult for technology stocks in the PC sector to outperform.
To see the full article and to get a real contrarian perspective on investing and the economy, visit Investment Contrarians at http://www.investmentcontrarians.com.
Investment Contrarians is a daily financial e-letter dedicated to helping investors make money by going against the “herd mentality.”
The editors of Investment Contrarians believe the stock market and the economy have been propped up since 2009 by artificially low interest rates, never-ending government borrowing and an unprecedented expansion of our money supply. The “official” unemployment numbers do not reflect people who have given up looking for work and are thus skewed. They believe the “official” inflation numbers are also not reflective of today’s reality of rising prices.
After a 25- to 30-year down cycle in interest rates, the Investment Contrarians editors expect rapid inflation caused by huge government debt and money printing will eventually start us on a new cycle of rising interest rates.
Investment Contrarians provides unbiased research. They are independent analysts who love to research and comment on the economy and investing. The e-newsletter’s parent company, Lombardi Publishing Corporation, has been in business since 1986. Combined, their economists and analysts have over 100 years of investment experience.
Find out where Investment Contrarians editors see the risks and opportunities for investors in 2012 at http://www.investmentcontrarians.com.
George Leong, B. Comm., one of the lead editorial contributors at Investment Contrarians, has just released, “A Problem 23 Times Bigger Than Greece,” a breakthrough video where George details the risk of an economy set to implode that is 23 times bigger than Greece’s economy! To see the video, visit http://www.investmentcontrarians.com/press.