Winning stock forecast BLNK: Increase 93.08% Following 1 Month Forecast
(Source: www.blinkcharging.com)
On December 23, I Know First issued a 1-month winning stock forecast for BLNK with a strong bullish signal of 230.34 and the predictability of 0.32. 1 month later, BLNK stock rose from $33.62 to $43.78. This 93.08% surge was in line with our forecast.
Blink Charging Co owns, operates, and provides electric vehicle (EV) charging equipment and networked EV charging services in the United States. According to www.fool.com
Global retail trends see vast increase in ecommerce sales to the detriment of traditional retail locations both prior to and during the coronavirus pandemic.
New tools for merchants including business accounts and debit cards are poised to strengthen Shopify’s market capture.
Partnership with Facebook in launching Facebook Shops in position to capitalize on growing online retail trends and Facebook’s resilient growth despite recent revenue issues.
Partnership with CoinPayments in bringing crypto payment platform to Shopify merchants set to make crypto payment options easier and more affordable.
The article was written by Motek Moyen ResearchSeeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Summary
I reiterate my March 3 buy recommendation for Tesla. In spite of -12% YoY lower Q3 revenue, the stock is again trading above $326.
Investors like it that greater efficiency is helping Tesla become more profitable. Reduced manufacturing and material costs makes Tesla a better long-term investment.
Tesla is now generating most of its sales from its cheapest car model, the Model 3. It still managed to deliver a better-than-expected Q3 GAAP net profit of $143 million.
Tesla manufactured and delivered almost 80k Tesla 3 models in Q3 2019. Tesla’s future prosperity is now insured – Tesla is now a legitimate consumer car vendor.
Another tailwind is Tesla 3rd generation Solar Roof. Tesla is now poised to become the world’s best installer of solar power roofing.
This article 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 success of Call of Duty: Mobile on Android and iOS convinced me that Activision Blizzard will remain of the biggest beneficiaries of the $152 billion/year video games industry.
Tablet and smartphone games now account for more than 44% of the annual sales from video games. The smartphone is now the key growth driver for video games.
Activision Blizzard will launch the Switch version of its hit PC game Overwatch on October 15. I expect Overwatch to also launch on Android/iOS by next year.
A stronger focus on the mobile platform can significantly boost Activision’s annual revenue and net income.
Exelixis, Inc. is an oncological biotech corporation which produces new drugs to try and revolutionize cancer treatment at a time where the FDA is approving an increasing record-breaking number of drugs
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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