The Microsoft stock forecast was written by Motek Moyen ResearchSeeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Summary
The artificial intelligence algorithms of Seeking Alpha and I Know First give Microsoft’s stock a Neutral outlook.
You can hold on to your MSFT or be proactive and take your profits now. MSFT’s YTD gain is already +30.14%.
Growing government crackdown in China will inspire Alibaba Cloud and Tencent Cloud to expand their international markets. They can steal customers from Azure.
There’s a rising global crisis over the Delta variant of the COVID-19 virus. People are again suffering under new lockdown rules.
Microsoft is relatively overvalued against its faster-growing peers.
The article was written by Chloe Peng, Analyst at I Know First., Master of Science of Finance candidate at Brandeis University.
Summary:
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AMC Entertainment Holdings, Inc. (AMC), through its subsidiaries, operates as a theatrical exhibition company in the United States and internationally. It owns, operates, or has interests in theatres. As of June 30, 2016, the company owned, operated, or had interests in 386 theatres with 5,334 screens primarily in the United States. Now, counts more than 1,000 theatres and 11,000 screens across the globe. The company was founded in 1920 and is headquartered in Leawood, Kansas. AMC Entertainment Holdings, Inc. (AMC) operates as a subsidiary of Wanda America Investment Holding Co. Ltd.
Source: Bloomberg
On July 19th I Know First AI Algorithm issued a bullish 3 months forecast for AMC Entertainment stock with predictability indicator of 0.24 and signal indicator of 9.79. In a good agreement with the forecast the AMC stock is up 40.98% just in 3 months. Below we provide the I Know First heatmap that was send to our clients July 19th:
The results were quite positive in this year for the Company. On May 3 2018, Board Of Directors announced a dividend for the quarter ended March 31 2018. The amount of the dividend in this second quarter was arounr $25,7 milion. On July 24 2018 Board of Directors announced that its has declared a dividend for the quarter ended June 30, 2018, of $0.20 per share on shares of Class A and Class B common stock, its eighteenth consecutive. In addition, AMC Entertainment Holdings Inc in September 2018 said it bought back 24 million shares from its top investor, the Chinese Dalian Wanda Group and issued $600 million worth of convertible notes to private equity firm Silver Lake. Earlier in September, Reuters reported Wanda was exploring a deal to cut its stake in AMC. After the transaction, Wanda now owns about 38% of AMC shares (its previous majority stake 60%). As part of the deal, Silver Lake will get a seat on AMC’s board. Wanda acquired a majority stake in AMC in 2012 for $2.6 billion, in what was then the largest overseas acquisition by a privately held Chinese company and Wanda’s first foray into the United States. In 2017, Chinese regulators told banks to stop providing funding to companies such as Wanda, HNA Group Co Ltd and Anbang Insurance Group Co Ltd for overseas acquisitions, amid concerns over financial overstretching.
Chart shows rising trend.
As Loyalty Program, AMC announced that AMC Stubs A-List, With more than 400,000 members, has achieved 80% of the Company’s one-year membership goal and 40% two-year membership goal in just 14 weeks. Adam Aron, AMC CEO and President, said, “While we do not plan to issue A-List enrollment statistics on a weekly basis, our hitting more than 400,000 enrolled members only three months and a week after launching the program is an enormous milestone”.
Current I Know First subscribers received this bullish forecast on July 19
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