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Kim Caughey Forrest, Fort Pitt Capital VP & senior analyst, on why investors should take advantage of the stocks on sale in today’s markets.
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Pulling back today our next guest says stocks are on sale can you should be buying and joining us now is -- -- capital vice president senior analyst Kim calling force.
McKinney now when questions that its annual -- -- -- little people over parking spaces if the market doesn't mean you know and nobody does anything.
You know it's very scary because I think if -- in the market you're looking -- they have value of your stocks and you get worried.
But what you really should be doing is planning for the future and buying stocks -- -- there are on sale today.
And so what is your picks if we could jump right into them.
Intel is well yep.
Revenue was flat earnings -- but are we taking it bad jump on the -- books market here.
Well that would be for the short term -- I think even longer term that they're going to be able to get into the mobile devices market.
They just had a product announcement today where -- chipset that's going to be rolling out in desktops.
It uses 20% less power.
But delivers twice the amount of performance.
Those numbers make me excited it's an analyst because I can see that moving towards.
That same technology moving towards the mobile arena.
And with numbers like that it'll be sooner rather than later so.
Seven ultra books are gonna come out later this year but I'm looking three to five years down the road where I think they'll have.
A number of wins in the mobile device space including Smart fountains.
Got -- not run on that I guess your other pick up computer associates interest me too because.
IBM comes out blows it out of the water with their numbers computer associates could arguably be considered a mini IBM so why not go with big blue instead.
Well we like the valuation.
CA plus we think.
IBM had a spectacular.
Quarter this year with respect to software.
-- hardware business wasn't quite as strong and services were a little softer than we would like.
So CA is kind of a play on that.
That the part of IBM that did really well which is software and it's software that helps businesses computers run better faster stronger.
And -- and very.
Diverse environment now with the cloud and maintaining all these mobile devices and all this access.
You're computer servers are more important than ever and they have to step in running and that's what CA does.
He's a great -- -- are you still looking at stocks -- pay great dividends.
Sure I don't think we're sorting.
Whenever we -- a stand on just dividend paying stocks but I'm always happy.
To be able to buy a stock that I think is going to appreciate and get money.
While I hold it so I love dividend paying stocks for that reason since the talk intact I have to ask you thoughts on -- since they're reporting to -- after hours.
You know I've been wrong on apple for a long time I still think I admitted I admit that I'm on record in -- -- I'm.
Internap they might get put the facts out there -- it's still I think there are a lot of dangers out there for the company and I don't know that people are very looking at now that the prices going down the biggest one right now is that question.
Of the the margins than they.
They made a new -- their pricing at the same way as the prior one.
Except the components that go into -- -- are more expensive so that's gonna show up in the margins.
I don't know if we'll see that in this quarter but I'm sure we'll see it in subsequent quarters.
The the other thing is the -- subsidy that carriers like AT&T and Verizon are paying.
I don't know that they're very happy paying that in fact they know they're not -- Verizon's colleagues said they're not very happy about it and want some competition.
So apple has a big old target on its back.
-- acted in the interest seeing that's assured Canada cause he forests of for -- capital we your honesty -- -- -- have.
