Play all audios:
It looks like the markets may once more spurning shares of Intel. The chipmaker is down over 5% Friday after the company said next year's revenues would be flat. Chad Morganlander,
portfolio manager at Stifel Nicholaus' Washington Crossing Advisors, says his company is bullish on the Intel. "We own this stock in our rising dividend portfolio," says
Morganlander on CNBC's Street Signs' Talking Numbers segment. "We have a price target of roughly about $28 a share. It's got a 3.7% dividend. And, the dividend growth
year-over-year has been over 10%" While 2014 may be nothing to talk about on the top line, "in 2015, we think this company is going to start growing again," says Morganlander.
"The growth of this stock price is going to correlate with their inroad into mobile as well as tablets. If they start to really gain market share there, then the stock starts to take
off." JC O'Hara, Chief Market Technician at FBN Securities, also owns shares of Intel and is bullish. "I still like the stock right here," says O'Hara. _To see what
levels are significant for Intel on O'Hara's charts and to get the rest of Morganlander's analysis, watch the video above._ _[Disclosures: Intel Corporation is a client of
Stifel or an affiliate or was a client of Stifel or an affiliate within the past 12 months. Intel Corporation is provided with non-investment banking, securities related services by Stifel
or an affiliate or was provided with non-investment banking, securities related services by Stifel or an affiliate within the past 12 months. Stifel expects to receive or intends to seek
compensation for investment banking services from Intel Corporation in the next 3 months. Stifel or an affiliate has received compensation for non-investment banking, securities related
services from Intel Corporation in the past 12 months. Stifel makes a market in the securities of Intel Corporation.]_ MORE FROM TALKING NUMBERS: Why Icahn will win his battle with Ackman:
Portfolio manager Top financier: Here's why the market rally is near the end Why Apple could see a strong holiday season ----- Follow us on Twitter: @CNBCNumbers Like us on Facebook:
facebook.com/CNBCNumbers