QCOM Stock Forecast: Leadership in 5G Processors Makes Qualcomm 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:

  • The predictive algorithm of I Know First has a neutral tone forecast for QCOM stock. This is in spite of the stock’s big 5.5% gain on May 18.
  • Yes, Qualcomm is vulnerable if China decides to retaliate against new U.S. sanctions versus Huawei. However, Foxconn now has factories outside China.
  • Chinese mobile device vendors still rely on Qualcomm processors. Qualcomm is still the world’s top supplier of smartphone processors.
  • Strategy Analytics also reported that Qualcomm took a 52% market share in 5G baseband processors in 2019. This will continue for many years to come.
  • Monthly technical indicators are saying QCOM is a strong buy right now. The stock could rebound to above $90 before 2020 ends.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Intel Stock Forecast: Ignore The FUD Noise, Intel Is Still A Strong 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:

  • Intel’s stock dropped recently due to the noise that TSMC plans to build a $12 billion factory in the U.S.
  • Another noise that contributed to the dip is from U.S. Department of Commerce’s decision requiring U.S. firms to acquire a license before they can sell products to Huawei.
  • Learned investors should be deaf to the noise now, Intel is still a long-term winner. TSMC’s U.S. factory is not coming soon.
  • There are other PC and smartphone vendors that could mitigate losing Huawei as a chip customer.
  • INTC is still an embodiment of a callous market and undervaluation.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

EMN Stock: Eastman Chemical Is A High Conviction 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:

  • EMN has a YTD price return of more than -24%. I say this stock is a great buy-the-dip gambit. EMN now only trades at 0.89x TTM Price/Sales.
  • The COVID-19 pandemic is largely responsible for EMN’s negative performance this year. However, governments will eventually have to ease their restrictions to save the economy.
  • Going forward, EMN has solid upside potential. Buying it now while it is very affordable is judicious.
  • Eastman Chemical Company has a well-diversified product portfolio. It is also an excellent dividend payer.
  • EMN has a bullish one-year algorithmic forecast score from I Know First.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

DDD Stock: Stagnant Business and Competition From HP, Xerox and Chinese Firms Are Major Headwinds For 3D Systems

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:

  • After quitting its takeover attempt of HP, Inc, Xerox Corporation will likely accelerate is metal-based 3D printer plans. This can 3D Systems’ sales stagnate more.
  • Like HP, Xerox is also a much bigger company than 3D Systems. Those two printing giants can afford to outspend 3D Systems in advertising and contra revenue-based marketing.
  • 3D Systems will also have a hard time competing with the industrial 3D printers made by Chinese companies. There’s almost-zero chance that 3D Systems can penetrate the Chinese market.
  • The competition from Xerox, HP, and Chinese companies makes 3D Systems a sell. We all love this 3D printing pioneer but it’s time to throw in the towel on DDD.
  • You can hold on to your money-losing DDD shares but do not average down anymore. There are other better stocks than DDD.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

MU Stock Price: New Tailwinds That Could Steer Micron’s Stock Price To $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 is down -21.23% from its 52-week high of $61.19.
  • The predictive algorithm of I Know First still gives a super bullish one-year forecast score of 339.66 for MU.
  • The technical indicators-centric artificial intelligence platform of WalletInvestor has a one-year price target of $64.878 for Micron’s stock.
  • My one-year price target for MU stock is $65. This is due to tailwinds from gaming smartphones/computers and increased need for data center storage and RAM.
  • No thanks to COVID-19, work-from-home is the new normal even after most countries lift their quarantine and travel bans.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Nokia Stock Forecast: Nokia Is A Cheap Bet On 5G Revolution

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 COVID-19 pandemic has delayed the onset of the global 5G revolution. We should still bet on companies involved in the 5G infrastructure rollout business.
  • In spite of this pandemic, the 5G infrastructure industry is still growing at an estimated 51.01% CAGR. This niche market is expected to be worth $22.93 billion by 2025.
  • It is therefore judicious to go long on Nokia. Nokia is still the world’s no.2 vendor of telecom equipment products (3G, 4G, and 5G).
  • Nokia’s stock has a one-year price return of -28.11%. NOK is now very affordable to own. It trades at only 0.80x Price/Sales valuation. NOK’s forward P/E is just 11. 44x.
  • I Know First has a slightly bullish one-year outlook for Nokia’s stock. The deteriorating US-China relationship is a long-term tailwind for NOK.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

AAPL Stock Forecast: Why Apple Deserves A Price Target of $330

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 average one-year price target for Apple’s stock at TipRanks is only $319.86. Apple deserves a price target of at least $330.
  • Apple is still hiring. Factories in China are back to normal operations. The ongoing pandemic is no longer a disruption to Apple’s business.
  • Buying AAPL is still judicious. This stock is reasonably priced and has obvious long-term upside potential.
  • Apple’s affluent customer pool can endure COVID-19’s financial headwind. Many of them will still be able to afford a $399 or $1,500 iPhone.
  • The big surge in video game activities during this pandemic is a big tailwind for AAPL. Apple is also one of the biggest paid streaming entertainment companies.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

BABA Stock Forecast: Alibaba Still 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 will do its earnings report on May 20. I do not think current market emotions will deliver my old 90-day price target of $240 by that date.
  • Lingering doubts about China’s honesty over its COVID-19 victory means most investors doubt there is an actual strong rebound in that country’s e-commerce industry.
  • This distrust is bad because 90% of Alibaba’s e-commerce revenue comes from China. Misplaced skepticism means BABA will trade sideways until May 20.
  • My view is that online sales are surging in China as it is in COVID-19 affected Europe and United States. Alibaba is the intermediary that connects China suppliers to B2C retailers.
  • Don’t lose hope. Alibaba’s stock still deserves a one-year price target of $240. The global fear over COVID-19 further fortifies the importance of online shopping.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Pages:«1234567...24»