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:
My July 27 prediction that NVDA will trade above $460 from its pursuit of ARM Holdings came true.
NVDA is again trading below $530. NVDA still deserves a 1-year price target of $630. Owning ARM Holdings is a massive tailwind for Nvidia.
SoftBank has agreed to Nvidia’s offer of up to $40 billion offer for ARM Holdings. Nvidia will pay $12 billion in cash plus $21.5 billion in NVDA common shares.
Nvidia also agreed to grant $1.5 billion equity to ARM Holdings’ employees and a future bonus payout of $5 billion in cash or NVDA stock based on future financial performance of ARM Holdings.
Nvidia promised to retain ARM Holdings as a British company. Nvidia said it will not revise the open-licensing business model. These promises should appease government regulators.
Caleres Inc. is one of the biggest footwear companies in the United States operating various footwear brands. Current brands include Famous Footwear, Naturalizer, Dr. Scholl’s Shoes, LifeStride, Bzees, Rykä, Sam Edelman, Allen Edmonds, Franco Sarto, Via Spiga, Vince, Diane von Furstenberg (DVF), George Brown Bilt, Carlos by Carlos Santana and Fergie Footwear. Its headquarters is located in Clinton, Missouri at St. Louis.
Over the past week CAL has shown outstanding growth in its stock price as I Know First predicted in their 3 days stock predictions for stocks under 50$. CAL was the top performing
This article about Long Short Strategy was written by Gabriel Plat, a Financial Analyst at I Know First.
But What Exactly Are Those Strategies?
First, we need to understand the concept of the long-short strategy. Both the long and short positions are commonly used in the stock market and knowing them is the first step to investing better and safely. Also, those positions are usually mistaken with long- and short-term concepts, which are not related.
The long position, or just long, is simply the act of buying an asset.
If you are buying one share of some stock, then you are long 1 share. Buying an
asset indicates that you are
Gina Guinasso is a Financial Analyst at I Know First.
U.S. Steel Stock Forecast
The I Know First’s Stock Forecasting Algorithm accurately predicted a buy position for the U.S. Steel Corporation (X) over a 14 day time period starting July 4th, returning 18.88%, significantly outperforming the S&P 500 which returned a mere 3.04%.
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