Google Stock Forecast: The Boycott Against Facebook Is A Tailwind for Google

This Google stock forecast article is written by Motek Moyen Research, Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • There’s a growing list of big and small companies that are boycotting Facebook. Many of them are also stopping their ad placements on Zuckerberg’s company.
  • This growing socio-political headwind of Facebook will benefit the search and mobile advertising businesses of Google.
  • Companies who won’t place ads on Facebook will have extra marketing budget that could be spent on YouTube, Google Search, and AdSense-using websites/apps.
  • The growing number of Android gamers also boosts the app-install advertising business of Google.
  • My 1-year price target for Google is $1,600. This is slightly higher than the average price target of $1,514.3 at Tipranks.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here

GLW Stock Price Target: Why Corning Glass Can Still Bounce Back To Above $30

This GLW stock price target article is written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First

Summary:

  • Corning’s stock has a 1-month price return of +25.72%. I’m still endorsing it as a buy. Corning’s Valor Glass drug packaging  is a pandemic winner.
  • The factories in China are again operating at full capacity. The second-half of 2020 will be kind to Corning Glass.
  • The headwind from COVID-19 is not just temporary. People and businesses are learning to adapt and function with this pandemic. 
  • The pandemic-induced greater demand for more internet bandwidth and cloud computing is a strong tailwind for Corning’s fiber optics products.
  • The Price/Sales valuation of GLW is lower than its industry peers. This stock is still therefore a good-value buy.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here

AVGO Stock: Broadcom Deserves A Price Target of $360

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

  • Trump is still ramping his anti-China rhetoric but analysts and the quant rating AI of Seeking remains very bullish on Broadcom.
  • Broadcom makes most of its revenue from China. Chinese factories are now back to full operations.
  • The greater demand for internet bandwidth is a tailwind for Broadcom.
  • The new U.S. sanctions against Huawei is another tailwind for Broadcom.
  • Broadcom’s long list of acquisitions has made it pandemic-resistant. Its products and services now cater to various industries.

AVGO stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Sirius Stock Predictions: Why You Should Raise Your Bets On Sirius XM

This SIRI stock forecast article is 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 recommendation I made for Sirius XM’s stock last November 5. 
  • Before COVID-19 came around, SIRI posted a 52-week high of $7.40 last February. Trust me, this stock is a great bargain whenever it trades below $6.
  • Sirius XM and Pandora are enjoying a tailwind from this global pandemic. Satellite radio and streaming music entertain people while they work or learn from home. 
  • Consider the dip in SIRI’s stock price as a cheaper buy-in window. Sirius XM is a profitable company that is also a leader in its industry.
  • The recent acquisition of Simplecast fortified Sirius XM’s podcasting empire. There are now over 155 million American podcast listeners.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here

NOK Stock Recommendation: Why Nokia Deserves A Price Target of $5.30

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 Nokia’s stock last May 11. The stock has since risen +20% but I’m highly confident it still has more upside potential.
  • Recent 5G contract wins convinced me that NOK deserves a 1-year price target of $5.30.
  • NOK’s 1-month price return is +17.34%. This is thanks to the new U.S. sanctions against Huawei. Going forward, I expect this stock to have a YTD gain of +30% or more.
  • Analysis of weekly technical indicators and recent moving averages produced a buy endorsement for Nokia’s stock.
  • Cloud computing giants Tencent and Baidu recently chose Nokia as their supplier for optical data center interconnect or DCI networks.

NOK stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Texas Instruments Stock Price Forecast: TXN Is An Under-The-Radar Profitable Company You Should Own

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

  • If you like the semiconductor industry, you should consider adding Texas Instruments to your long-term investing portfolios.
  • Very few analysts and financial bloggers cover Texas Instruments. Its actually a consistently profitable company with decades of experience in embedded and analog semiconductor products/components.
  • Texas Instruments has a good future. Its products and services cover different industries. This company has managed to grow its dividend payments over the last 14 years.
  • TXN’s annual sales is not growing that much. However, it has always been profitable for the last 10 years. TXN also likes doing share buybacks.
  • My 1-year price target for TXN is $140. The new normal of work-from-home and learn-from-home accelerates the demand for electronics products.

TXN stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Salesforce Stock Forecast: Work.com Bolsters Salesforce.com’s Lead In CRM

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

  • Long-running leadership in Customer Relationship Management or CRM has kept Salesforce the no. 2 in Enterprise Software-as-a-Service.
  • As of this year, Salesforce has 18.4% market share in the fast-growing CRM industry. The global CRM business was worth $40.2 billion last year. CRM is growing at 14.2% CAGR until 2027.
  • The recent launch of Work.com fortified Salesforce’s leadership in CRM. Work.com is a suite of tools that helps businesses safely re-open during this pandemic.
  • Salesforce.com is a certified high-growth company. Its 5-year revenue CAGR is 26.36%. The new normal of work-from-home, learn-from-home will further accelerate Salesforce growth.
  • I Know First has a very bullish one-year forecast score for Salesforce. My one-year price target for CRM therefore is $210.

CRM stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here