A big Swiss bank made a call in chip stocks, and loaded up on media and entertainment shares.
Julius Baer of Zurich bought up Intel (ticker: INTC), Walt Disney (DIS), and AT&T (T) stock, and sold the vast majority of its investment in Advanced Micro Devices (AMD) in the fourth quarter. The private bank disclosed the stock trades in a form it filed with the Securities and Exchange Commission.
Source: finance.yahoo.com
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