TTWO Stock Forecast: Take Two Interactive Has More Upside Potential

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 of Take Two Interactive has risen almost 100% since my May 31, 2017 buy recommendation.
  • I am still endorsing TTWO as a buy. The video games industry is getting a long-term boost from the COVID-19 pandemic.
  • My fearless assessment is that TTWO deserves a 1-year price target of $170.
  • The upcoming 21 mobile games from Take Two Interactive convinced me that TTWO is a long-term winner.
  • The management’s five-year plan is to release 93 games, 47 of them are from existing titles. The rest will be newly-developed.

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VMW Stock Price: Why VMWare’s Stock Deserves A Price Target of $180

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

  • VMWare’s stock has a 1-year price return of more -19.60%. We should consider VMW as a good value play opportunity.
  • VMW’s TTM GAAP P/E is only 9.24. This more than 74% lower than the sector average GAAP P/E multiple of 35.54.
  • VMWare is the leader in the fast-growing virtualization software industry. Virtualization software sales is expected to be worth $33.76 billion by 2025.
  • Rumor has it that Dell is planning to sell its 81% stake in VMWare. This could lead to VMW hitting $180 within the next 12 months.
  • Many firms will be interested in buying 81% of VMWare. I suspect Intel, Google, Microsoft, IBM, and Oracle would love to get full control of VMWare.

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Microsoft Stock Forecast: Cash Out Your Huge Profit on Microsoft

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 $160 when I made my April 6 buy recommendation. I also gave it a price target of $205.
  • MSFT’s closing price last July 2 was $206.26 and its new record-setting 52-week high is 208.02.
  • A price return of more than 28% in two months is enough. Let us not be too greedy. Take your profit on Microsoft before the market takes it away.
  • The YTD gain of MSFT is now 29.80%. The stock is now fairly valued. I don’t think MSFT will do another +28% movement for the rest of 2020.
  • Microsoft’s decision to shutdown its retail stores and Mixer are commendable. It will help improve profitability.

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ATVI Stock Forecast: Upcoming New Consoles Can Boost Activision’s Fortune

This ATVI 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:

  • The 2020 release of new game consoles is why KeyBanc Capital recently raised its price target for ATVI from $80 to $83. 
  • I gave Activision’s stock a price target $73 last April 26. This stock is now trading above $76. I’m therefore raising my PT to $86.
  • The ongoing pandemic is still boosting the revenue of video games. Playing video games is more rewarding and a better stress buster than watching streaming movies.
  • Activision Blizzard touts a TTM total cash & ST investments of $5.98 billion. Its total debt is only $2.675 billion. Activision can afford to buy Warner Bros. Interactive Entertainment.
  • Paying $4 billion should give ATVI 100% ownership of Warner Brothers Interactive Entertainment. AT&T will probably accept + stock for it. 

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Amazon Stock Forecast: Do Not Panic Amazon Stock Can Still Hit $3000

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 AMZN last February 27. Back then, I gave it a 1-year price target of $2,500.
  • I am now raising my price target for AMZN to $3,000. The COVID-19 tailwind is still extraordinarily strong for AMZN.
  • The $1.2 billion recent purchase of self-driving car company Zoox is a future growth driver for Amazon. 
  • Going forward, Amazon Logistics can have future self-driving delivery cars and trucks that can cover most of North America.
  • Aside from work-from-home, Amazon Web Services also has a tailwind from the learn-from-home education new normal.

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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.

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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.

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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.

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