Stock Forecast Based On a Predictive Algorithm | I Know First |LNVGY Archives - Stock Forecast Based On a Predictive Algorithm

Lenovo Stock Prediction: Why You Should Go Long Lenovo

The 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 PC market is finally stabilizing and has stopped its quarterly decline in global sales.
I endorsed a buy rating for HPQ, I am also endorsing LNVGY as a buy. Lenovo and Hewlett-Packard are the biggest beneficiaries of a recovering PC market.
The personal computer is not yet dead. Lenovo continues to innovate to make its PC products attractive and necessary to consumers
Lenovo also expects its smartphone and server business profitable in the near future. The shift to higher-margin phone models definitely helps Lenovo.
LNVGY has received very positive near-term and long-term algorithmic forecasts from I Know First. It might be wise to go long on this stock now.

Subscribe to receive exclusive PREMIUM content Here

The 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.

Lenovo needs a resurgent phone business to offset the continuing decline in PC sales.
The new modular Moto Z and the Project Tango-flavored Lenovo Phab2 Pro are very promising new handsets that could help Lenovo recover what it lost in smartphone market share.
The $100 Vibe K5 will help Lenovo compete better with Xiaomi and Huawei’s entry-level Android phones.
Phone accessories like the Motorola Vervelife line of headphones and the MotoMods add-ons can increase Lenovo’s monetization efforts on mobile.
Lenovo is a beaten down stocks that has very positive long-term algorithmic forecast scores.