Wachovia: Tech Analyst Coverage After A.G.Edwards Merger (AMD, INTC, TXN, DELL, IBM, HPQ, NOK, QCOM, BRCM, MOT, JAVA)

Investing

Published: October 4, 2007 6:43 am

Yesterday was a bad day for chip stocks based upon Morgan Stanley’s key downgrades in the semiconductor sector. But today is a different day as many major technology companies have been initiated with new coverage at Wachovia. Keep in mind that Wachovia just completed its acquisition of A.G.Edwards and has been making its official coverage and department head transitions this week. This appears to be a part of that transition.

Wachovia’s OUTPERFORM RATINGS: Analog Devices (ADI), Broadcom (BRCM), California Micro (CAMD), Dell (DELL), Hewlett Packard (HPQ), Intel (INTC), Micron (MU), Microsemi (MSCC), Nokia (NOK), Xilinx (XLNX).

Wachovia’s MARKET PERFORM RATINGS: Altera (ALTR), Advanced Microdevices (AMD), IBM (IBM), Motorola (MOT), Qualcomm (QCOM), Sun Microsystems (SUNW), Texas Instruments (TXN).

Jon C. Ogg
October 4, 2007

The Average American Has No Idea How Much Money You Can Make Today ^(Sponsor)

The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.

But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

¹https://www.fdic.gov/national-rates-and-rate-caps