Eric found it somewhat surprising that Intel shares surged after the company reported average quarterly results. Tech companies have shown that the economic situation is not as bad as people fear, so even mediocre results can lead to gains.
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Eric Bleeker and Jeremy Phillips have no positions in the stocks mentioned above. The Motley Fool owns shares of Intel. Motley Fool newsletter services recommend Intel. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.