Intel (INTC) – A play on an improved roadmap for the company’s server chips. An analyst at Raymond James Thursday morning highlighted Intel’s recent Data Center & AI webinar and noted the company’s sentiment at the webinar that it was slightly ahead of schedule for the timing of its server chip roadmap.
Mastercard (MA) – A resilient way to play the financial technology industry. An analyst at William Blair on Wednesday highlighted Mastercard and Visa (V) as a solid play “in a recession due to their strong cash flow, large competitive moats, and the high visibility of long-term secular growth.”
Roku (ROKU) – Shares were up 3% following news the company will restructure and lay off around 200 employees.
Charles Schwab (SCHW) – The stock was downgraded to the equivalent of a hold rating by an analyst at Morgan Stanley. The analyst cited concerns with cash sorting issues.
Rivian (RIVN) – Shares were up modestly ahead of the company’s expected Q1 deliveries report over this weekend. A Needham analyst gave a positive outlook ahead of the report.