NVDA Stock Forecast: Long-Term Outlook Bullish As Company Set To Roll Out Quarterly Financial Report

Summary:

  • NVDA suffered a dramatic slump in late 2018 on the back of a “crypto hangover” and underperforming data center segment.
  • In 2019, stock went on a rebound, but short-term prospects are mired by pessimism on sales and fears of US-China trade war.
  • Despite possible volatility in near future, long-term outlook is bullish, with new and more affordable releases, Mellanox acquisition.

Intel Stock Forecast: Why Intel Can Hit $65 Next Year

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • A Nomura Instinet recently initiated a Buy rating for Intel. He Intel’s stock a price target of $65.
  • Nomura said Intel’s leadership in Artificial Intelligence and Autonomous driving could help boost its annual sales by 7 to 9% from 2020 to 2025.
  • David Wong, the Nomura Instinet analyst, reasoned that the high-margin possible on AI and autonomous car-centric chips can boost Intel’s long-term EPS growth.
  • I believe Wong’s projections. My takeaway now is that INTC could hit $65 by early next year. INTC currently trades below $56.
  • Going long on INTC now and holding it for 12 months could turn out to be very rewarding. INTC is grossly undervalued compared to its peers.

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