Goldman Sachs Recommends KLA-Tencor (KLAC) Option Volatility Ahead of Intel's Capex Guidance
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Option strategists at Goldman Sachs are recommending buying volatility in KLA-Tencor (Nasdaq: KLAC) ahead of Intel's (Nasdaq: INTC) capex guidance that will come with its earnings report after the close on Thursday January 19th.
"Over the past 12 years, KLAC has moved +/-6.4% on INTC's 4Q capex guidance on its earnings release," Goldman noted. Intel's capex guidance can be more stock moving for KLAC than earnings, they said.
Equity analysts at Goldman see 35% downside to KLAC 2012 EPS.
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"Over the past 12 years, KLAC has moved +/-6.4% on INTC's 4Q capex guidance on its earnings release," Goldman noted. Intel's capex guidance can be more stock moving for KLAC than earnings, they said.
Equity analysts at Goldman see 35% downside to KLAC 2012 EPS.
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