Pau Barren/AFP via Getty Images

As the next generation of mobile-phone technology begins to hit the market, one analyst suggests a pairs trade: Investors should buy Qualcomm stock and profit from downside in Intel.

Intel (ticker: INTC) stock slipped 1.6% to $58.58 in Monday trading and Qualcomm (QCOM) climbed 1.3% to $91.33.

Citi Research analyst Christopher Danely wrote in a note to clients Monday that investors should bet against Intel, which he rates the equivalent of a Sell, saying it will be embroiled in a price war with Advanced Micro Devices (AMD), among other things. Qualcomm, on the other hand is well positioned to benefit from

Read More At Article Source | Article Attribution