I Know First Weekly Review Algorithmic Performance: August 4th, 2020


I Know First Weekly Newsletter
Investment Selection Using AI Predictive Algorithm
August 4, 2020

Read The Full Newsletter

Apple Stock Forecast: Raising My Apple Price Target to $388

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

  • Apple handily beat the $330 price target I gave it last may 10.  I’m therefore raising my one-year PT to $388.
  • There’s a global pandemic and yet AAPL touts a year-to-date price return of +19.09%. Its 1-year price return is +76.74%. 
  • Investors are bullish on the strong rumor that Apple will use its ARM-based processors on some of its next-generation Mac computer products.
  • ARM-based Macs can help boost the computer segment of Apple. This will help further reduce Apple’s heavy reliance on iPhones sales.
  • An ARM-based MacBook, iMac, and Mac Mini would be cheaper than Intel x86-based Apple computers. Catering to more sectors of buyers is good for Apple.

Apple stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

AAPL Stock Forecast: Why Apple Deserves A Price Target of $330

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 average one-year price target for Apple’s stock at TipRanks is only $319.86. Apple deserves a price target of at least $330.
  • Apple is still hiring. Factories in China are back to normal operations. The ongoing pandemic is no longer a disruption to Apple’s business.
  • Buying AAPL is still judicious. This stock is reasonably priced and has obvious long-term upside potential.
  • Apple’s affluent customer pool can endure COVID-19’s financial headwind. Many of them will still be able to afford a $399 or $1,500 iPhone.
  • The big surge in video game activities during this pandemic is a big tailwind for AAPL. Apple is also one of the biggest paid streaming entertainment companies.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Apple Stock Forecast: Why Apple’s Stock Will Again Breach $325

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:

  • I accurately predicted last January 12 that Apple’s stock deserved a 90-day price target of $325. The stock posted a record 52-week high of $327.85 on January 27.
  • If it were not for the COVID-19 pandemic panic, AAPL would still be trading above $325 today.
  • My fearless forecast now is that China’s re-opening of factories and retail stores will eventually compel investors to again rally behind AAPL.
  • The COVID-19 problem that threatened the supply-chain/logistics cycle of Apple is no longer valid. Retail stores outside China are closed but online sales of iPhones/iPads/Macs will continue.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Apple Stock Predictions: Keep Investing And Winning With Apple – Stock Could Hit $325

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:

  • I made a buy recommendation for AAPL last November when it was trading below $265. I gave it a 90-day price target of $290.
  • Apple’s stock set a new record price of $312.67 and closed at $310.33 last January 10, 2020.
  • You can do profit taking now or add more Apple shares. My bet is that AAPL can still soar higher. My new 90-day target is $325.
  • Apple is still the most profitable smartphone company. Android phone vendors are hurting themselves with their pricing war.
  • Even though its notably more expensive than other flagship 2019-era Chinese Android phones, the older iPhone XR is still the world’s best-selling smartphone.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Apple Stock Forecast: Why AAPL Price Can Hit $290

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 price of Apple is now more than 18% higher than it was during my September 19 buy recommendation.
  • I am still endorsing AAPL as a reasonable value play investment. My 90-day price target for AAPL is $290.
  • Apple will get a decent tailwind from Black Friday and Christmas shopping sales events. Entry-level iPhones are still more attractive than flagship Android phones.
  • The Second tailwind is the release of the new MacBook Pro. It should help Apple sell more than 5.3 million Mac computers this last quarter of 2019.
  • Stronger iOS hardware sales also increase the growth of Apple’s $12.5 billion quarterly revenue from its Services segment.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Apple Stock Forecast: Why Apple Will Dominate In Video Games-As-A-Service

motek 1This Apple stock forecast 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 low $4.99 monthly subscription fee is why Apple Arcade, not Google Stadia, will eventually dominate in Video-Games-As-A-Service.
  • Apple’s big bet on subscription-only video games is well in-tune with GlobalData’s projection that the global video games industry can grow to $300 billion by 2025.
  • Parents and players alike will eventually appreciate that the stigma of in-app purchases just got eliminated by Apple Arcade.
  • Most iOS developers will initially be lukewarm to the idea of zero in-app purchases for their games. However, many of them will eventually warm up to Apple Arcade.
  • Apple stock has a bullish one-year algorithmic forecast score of +339.29. I Know First has a great 0.67 predictability score on AAPL’s one-year market trend.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here

Apple Stock Forecast: Apple Card Swipes Ahead

This article was written by Talia Shakhnovsky, a Financial Analyst at I Know First.

Summary:

  • Recession risk is increasing due to trade tensions and consumer pullback. 
  • Within the Technology Sector, Apple is stable and efficient compared to competitors. 
  • Apple’s focus on services and wearables is key to further growth. 
  • Recent innovation supports a long-term bullish AAPL stock prediction.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here