Glu Mobile Stock PredictionSummary:
- The Evergreen Strategy of reducing costs is not helping Glu Mobile at all.
- What Glu Mobile needs is a new hit mobile game.
- The $45.5 million acquisition of Crowdstar, Inc. is not going to help much in improving Glu’s poor performance in mobile games monetization.
- Unless Glu Mobile comes up with a hit mobile game this year, I predict the stock could dip to below $2 price levels.
- Algorithmic forecasts are also very negative for GLUU. It could be profitable to short this stock now.
AMD Stock PredictionSummary:
- The growing need for specialized Artificial Intelligence and Deep Learning computers is a great opportunity for GPU-maker AMD.
- AMD Instinct products could be attractive alternatives to Nvidia’s pricey Deep Learning Tesla computers.
- AMD’s release of Vega-based Radeon Instinct deep learning computer products could help it offset any future weakness in server-centric x86 processors.
- The nascent GPU-Accelerated AI/Deep Learning hardware business is something that Intel could not get involved in.
- Long-term algorithmic forecasts are hinting AMD’s stock price is more likely to go up within the next 12 months.