Alibaba Stock Price Prediction: Why Alibaba Deserves A Price Target of $240

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:

  • Alibaba’s stock price is now 26.7% higher than when I made my September buy recommendation. I still see BABA rising to beyond $240 within the next 90 days.
  • Alibaba will report its Q3 2020 numbers today. I expect it again to beat EPS and revenue estimates.
  • If Alibaba reports beats on revenue and EPS estimates, the stock will likely rally to above $230 this month.
  • Amazon’s retreat from China will only accelerate Alibaba’s growth.
  • Coronavirus has no long-term effect on Alibaba Even if there’s a delay in production and delivery, Alibaba’s e-commerce goods will still get paid upfront.

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Adobe Stock Price Forecast: Why Adobe’s Stock Might Hit $380 Next Month

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 reiterate the buy rating I gave Adobe last October 4. 
  • Adobe’s stock is now trading 33.33% higher than October 4’s closing price of $276.96. 
  • You can do some profit-taking now or wait until ADBE hits $390.
  • My fearless forecast is Adobe will again report record numbers next month. My guestimate is  Adobe will report Q1 revenue of $3.1 billion and GAAP EPS of $1.85.
  • If my Q1 prediction proves true, ADBE can hit $380 by end of March.

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Facebook Stock Forecast: Instagram’s Fast-Growing $20 Billion/Year Advertising Business Makes Facebook A Buy

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:

  • Bloomberg reported last week that Instagram generated around $20 billion in advertising revenue in 2019.
  • Facebook’s total FY 2019 ad revenue was $69.66 billion. Instagram is now therefore contributing 28.71% to Facebook’s annual ad revenue.
  • Statista estimated that Instagram’s Q4 2019 revenue was $6.8 billion. This is 4x higher than Q4 2017’s $1.5 billion.
  • Instagram’s fast-growing revenue stream is why I have a 90-day price target of $240 for Facebook’s stock.
  • FB deserves higher valuation. Global digital ad spending is still growing at more than 17% CAGR.

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MU Stock Forecast: Micron Deserves A 90-Day Price Target of $65

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:

  • Micron’s stock dipped more than 3% last Friday due to concerns over the new coronavirus outbreak in China.
  • In spite of this price decrease, MU still trades higher than $48.60. That was MU’s price during my last buy recommendation for it last September 26.
  • Micron’s new LPPDR5 for smartphones is now in mass production. Xiaomi’s Mi 10 and Mi 10 Pro will come equipped with Micron’s LPDDR5. Other 2020 phones will shortly follow.
  • LPDDR5 is 50% faster than LPPDR4x. It is also up to 30% more energy efficient. LPPDR5 will definitely become the new standard for smartphones and tablets this year.
  • In spite of the stock market’s anxiety over the new coronavirus outbreak, I Know First still is very bullish on Micron’s stock.

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NVDA Stock Prediction: Why Nvidia Can Hit $280 Soon

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:

  • Nvidia still touts the best-performing graphic cards.
  • Performance not price tags is the top priority of PC gamers when it comes to graphic cards.
  • This fact should convince investors that Nvidia will continue to enjoy over 65% market share in discreet graphic cards.
  • The very low $4.99 monthly fee of GeForce Now makes it the best cloud gaming service. It could kill Google Stadia.

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Microsoft Stock Forecast Based On a Predictive Algorithm: Why MSFT Can Hit $205

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:

  • Microsoft’s stock was trading below $145 when I made my October 27 buy recommendation. The stock is now priced above $183.
  • I am still endorsing MSFT as a buy. My new 12-month price target for this stock is $205.
  • Microsoft continues to rule the $101 billion/year enterprise SaaS market.
  • The SaaS market has still a lot of room to grow. The entire software industry is worth $450 billion/year.
  • Lack of serious competition means Office 365 and desktop Microsoft Office will remain top-grossing software products.

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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.

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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.

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