BAC Stock Forecast: Take Advantage of the Dip in Bank of America’s Stock Price

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:

  • Bank of America’s stock is still trading notably lower than its 52-week high of $35.72. Most investors believe banks have a headwind from COVID-19.
  • Millions lost their jobs and many small/medium businesses closed. It is obvious that banks will see increased loan defaults due to COVID-19. .
  • Bank of America is big enough. It can weather the temporary headwind from a global pandemic. More importantly, government central banks are always ready to prop up banks.
  • The cheap stock of Bank of America makes it very attractive. Tipranks gives this bank’s stock an average price target of $29.14.
  • I Know First has a very bullish one-year forecast score for BAC.

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FB Stock Forecast: Raise Your Bets On Facebook’s e-Commerce Push

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:

  • The stock of Facebook has a price return of more than +22.6% since our April 27 buy recommendation. You can take your profits now.
  • We still rate it FB as a buy. Yesterday’s launch of Facebook Shops is timely and necessary during this pandemic.
  • Facebook Shops will allow companies/businesses to use their Facebook and Instagram profile accounts as full-blown online storefronts.
  • Online shopping has surged because of COVID-19. Facebook can make extra bucks by helping people transform their businesses become more e-commerce friendly.
  • Facebook continues to benefit from the tailwind created by COVID-19 quarantines. I have a one year price target of $250 for Facebook.

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Stock Market Predictions: How AI Can Help Not To Fall Into Traps In Coronavirus Times

This article was written by Gabriel Plat, a Financial Analyst at I Know First.

Summary:

  • Bull and Bear Traps are a false signal that indicates a change of the stock movement;
  • By falsely indicating a change of trend, unsuspecting investors can lose a lot of money with them;
  • With the coronavirus pandemic situation, we might be in the middle of a bull trap right now;
  • It is possible to avoid falling in traps by getting help from the I Know First algorithm.

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Stock Forecast Evaluation Report For US Stock Market – Significantly Beating S&P 500 Index

Executive Summary

In this stock forecast evaluation report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for the US stock market and sent to our customers on a daily basis. Our analysis covers time period from January 1, 2019 to May 23, 2019.

  • Top 5 signals provided the most predictable stocks with a return of 10.42% in a 3-month investment horizon, beating the benchmark by 1.61%.
  • There is a clear correlation between increasing time horizons and investment return.
  • The benchmark was over-performed in the top 10 and 5 signal classes.

The above results were obtained based on the stock forecast evaluation over the specific time period using consecutive filtering approach – by predictability, then by signal, to give general overview of the forecasting capabilities of the algorithm for specific stock universe. The following sections of this study will develop

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I Know First Weekly Review Algorithmic Performance: May 6, 2019


I Know First Weekly Newsletter
Investment Selection Using AI Predictive Algorithm
May 6, 2019

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I Know First Live Forecast Evaluation Report For Singaporean Stock Universe – Significantly Beating Benchmarks On All Horizons

Executive Summary

In this live forecast evaluation report we will examine the performance of the forecasts generated by the I Know First AI Algorithm for the Singaporean stock universe and sent to our customers on a daily basis. Our analysis covers time period from January 3, 2018 to August 24, 2018.We will start with an introduction to our stock picking and benchmarking methods and then apply it to the Singaporean stock universe.

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JNPR Stock Forecast: PTX, 400 Gig, and Contrail will Drive Juniper Networks’ Revenue

 

 

This article was written by Kwon Sok Oh, a Financial Analyst at I Know First.

 

 

Summary

  • Juniper Networks Delivers Better-Than-Expected Results for Q1 2018

  • Cloud Routing is Suffering Short Term due to the Transition from MX to PTX

  • Cloud Switching has Positive Outlooks Attributable to 400 Gig Development

  • Service Provider is Looking Strong Thanks to Contrail and SD WAN

  • Valuations Methods Suggest JNPR is Currently Underpriced

  • I Know First’s Algorithm Forecast is Bullish for JNPR in the Long Run

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Adobe Stock Price: Why People Will Keep Subscribing To Adobe Creative Cloud Software Programs

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

Adobe Stock Price

Summary:

  • Creative Cloud Software subscriptions remain the biggest and best growth catalyst for Adobe.
  • There are tens of millions of creative professionals who are too dependent on Adobe Photoshop, Illustrator, InDesign, Premiere, After Effects, Dreamweaver, Animate CC.
  • Creative Cloud still has less than 12 million recurring subscribers. It could still grow to 20 million. The growing need for content creators means a career in creative/design is very promising.
  • Essential industry-standard third-party plugins also keeps requiring the latest versions of Adobe software. This compels people to keep subscribing/updating to the latest Adobe Creative Cloud programs.
  • I Know First has positive algorithmic forecasts for ADBE. There’s still probability that Adobe can post a new all-time high before 2017 ends.

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