BIDU Stock Forecast: Baidu Can Overcome The Headwind Caused By Its Corrupt Former Vice-President

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 am highly confident that Baidu’s stock can bounce back to above $110 within the next 90 days.
  • Baidu’s Moral Committee has accused its former Vice-President of Finance Wei Fang of corrupt practices. Wei Fang is now in police custody.
  • The prompt arrest and incarceration of a thieving employee will eventually lead to a return of investors’ confidence on BIDU
  • As China’s biggest search engine, Baidu obviously benefits from the COVID-19 pandemic.
  • Think asymmetrically! You will agree with my verdict that BIDU is a bargain stock that we should all buy.This company has a pseudo-monopoly on China’s search ads business.

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Oil Prices Forecast: AI Algorithm Warned About Oil Prices Collapse

oil prices

Oil and gas market has suffered major decline over the last couple of years. Times of prices $70 per barrel are gone and most of the recent OPEC+ discussions were circulating around efforts to keep the gears turning at $40 level on global scale. Around start of this Spring some traders expressed sentiments that excessive oil supply may cause some storage issues. However, the uncertainty around this subject was such that no one wanted to take responsibility to give any solid estimates on the WTI and BRENT futures prices until end of Spring to Summer of this year. Then May 2020 WTI delivery futures have gone negative.

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Google Stock Forecast: It’s Time To Buy More GOOGL Shares

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 COVID-19 pandemic sell-off made GOOGL cheaper to own. This stock down -20.93% from its 52-week high price of $1,530.74.
  • As the no. 1 digital advertising company and overlord of the Android OS ecosystem, pandemic quarantines are actually beneficial to Google.
  • Billions of people are now stuck at home. Some of them are working but many are just entertaining themselves on their phones or computers.
  • Going forward, the first two quarters of 2020 will show a boost in Google’s advertising business and app store revenue.
  • The work-from-home initiatives of many companies can also boost Google Cloud and G Suite sales.

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I Know First Weekly Review Algorithmic Performance: April 12, 2020


I Know First Weekly Newsletter
Investment Selection Using AI Predictive Algorithm
April 12, 2020

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I Know First Weekly Review Algorithmic Performance: April 9, 2020

I Know First Weekly Newsletter
Investment Selection Using AI Predictive Algorithm
April 9, 2020

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I Know First Weekly Review Algorithmic Performance: April 9th, 2020

I Know First Weekly Newsletter
Investment Selection Using AI Predictive Algorithm
April 9, 2020

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Amazon Stock Forecast: COVID-19 Showed How Strong Amazon Is

motek 1This Amazon 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

  • Like other stocks, AMZN was among the biggest dropper during the March Madness COVID-19 pandemic sell-off.
  • Amazon’s stock is also among those fastest to recover. From dipping below $1,700, this stock is trading above $1,900.
  • Now is the time to add more AMZN to your long-term portfolio. COVID-19 obviously steered new repeat customers to Amazon’s online marketplace.
  • Traditional retail stores were forcibly shutdown in many countries due to COVID-19 pandemic. On the other hand, online shopping portals are still allowed to operate.
  • The work-from-home initiatives of most companies right now is also boosting Amazon’s most profitable division, AWS.

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Week #18, 2019: Earnings Calendar

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