ATVI Stock Forecast: Why You Should Buy More Shares of Activision Blizzard

motek 1This 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:

  • Activision Blizzard’s YTD gain is already more than 12%. I’m still endorsing it as a buy.
  • Going long while ATVI trades at below $70 is highly recommended. My 1-year PT for this stock is $73.
  • The ongoing COVID-19 crisis is boosting U.S. video game sales to a decade high. This gaming bonanza is also happening in other countries.
  • The release of new mobile games will offset the declining player base of Activision’s PC games.
  • The COVID-19 crisis could also increase the monthly active users of Activision’s subsidiary, King Entertainment.

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Adobe Stock Price Forecast: Buy More ADBE Shares, Price Could Again Reach $380

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 correctly predicted last February that Adobe’s stock deserved a 30-day price target of $380.
  • I’m again endorsing ADBE as a buy because the stock is a bargain buy whenever it trades below $330.
  • The pandemic quarantines around the world is not a debilitating headwind for a SaaS company like Adobe.
  • The pricey subscription of the CorelDraw 2020 Graphics Suite is a small but important tailwind for Creative Cloud.
  • Adobe is aggressively monetizing on the iPad. The Photoshop for iPad is now bundled with Fresco for $10/month.

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Tesla Stock Predictions: Cash-in Your Profits On TSLA

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-picking Artificial Intelligence of I Know First still touts a super bullish one-year forecast score for Tesla.
  • My takeaway is that we should play it safe. Cash-in your profits on TSLA right now. After this, wait for cheaper windows to make another re-buy.
  • The lingering COVID 19 pandemic is a headwind for Tesla this year. The huge cash position of Tesla won’t save it from a pandemic-induced recession.
  • The cheapness and oversupply of oil in the global market means companies/individuals are now less enthusiastic about electric vehicles.
  • As long as there is no vaccine for the coronavirus that causes COVID 19, Tesla will it find challenging to deliver 500k cars in 2020.

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Google Stock Forecast: It’s Time To Buy More GOOGL Shares

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 sell-off made GOOGL cheaper to own. This stock down -20.93% from its 52-week high price of $1,530.74.
  • As the no. 1 digital advertising company and overlord of the Android OS ecosystem, pandemic quarantines are actually beneficial to Google.
  • Billions of people are now stuck at home. Some of them are working but many are just entertaining themselves on their phones or computers.
  • Going forward, the first two quarters of 2020 will show a boost in Google’s advertising business and app store revenue.
  • The work-from-home initiatives of many companies can also boost Google Cloud and G Suite sales.

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Disney Stock Forecast: Why You Should Buy The Cheap Stock Of Disney

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 Know First has a bearish one-year forecast for Disney’s stock. This is likely due to the pandemic-related shutdown of Disneyland & Disney World parks.
  • Another headwind is the postponement of movie releases. No major movie franchise title releases mean lower merchandise licensing revenue.
  • My takeaway is the pandemic-induced negative YTD performance of DIS gave us a cheap buy-in window.
  • Yes, sir, DIS a strong buy right now for long-term investing purposes. Content is king and Disney is the king of entertainment content.
  • The success of Disney+ streaming service is another reason why we should keep our faith on Disney.

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Amazon Stock Forecast: COVID-19 Showed How Strong Amazon Is

motek 1This Amazon stock forecast 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

  • Like other stocks, AMZN was among the biggest dropper during the March Madness COVID-19 pandemic sell-off.
  • Amazon’s stock is also among those fastest to recover. From dipping below $1,700, this stock is trading above $1,900.
  • Now is the time to add more AMZN to your long-term portfolio. COVID-19 obviously steered new repeat customers to Amazon’s online marketplace.
  • Traditional retail stores were forcibly shutdown in many countries due to COVID-19 pandemic. On the other hand, online shopping portals are still allowed to operate.
  • The work-from-home initiatives of most companies right now is also boosting Amazon’s most profitable division, AWS.

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Autodesk Stock Forecast: Why We Remain Bullish On Autodesk

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

  • We reiterate the March 2019 buy recommendation we gave to ADSK. This software company can endure this pandemic better than others.
  • Autodesk will emerge stronger after this COVID-19 pandemic is over. It is adapting its software products to align with the work-from-home trend.
  • The AI-infused Fusion 360 from Autodesk is the best work-at-home software product for architects, engineers, and CAD artists.
  • The global construction business will outgrow any pandemic. Governments and banks are willing to extend emergency loans to hard-up construction-related firms.

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Microsoft Stock Forecast: The Rebrand To Microsoft 365 Can Boost The Stock Higher

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 has been resilient during the March Madness COVID-19 panic sell-off. Many investors understood that as a software company, Microsoft has little headwind from COVID-19 factory shutdowns.
  • Disruption in the production of Surface products is not a handicap for Microsoft. Software sales remain strong during quarantines.
  • The decision to rebrand Office 365 to Microsoft 365 signals an all-in focus toward becoming a one-stop shop for everything.
  • The COVID-19 forced many people to stay at home. Work-from-home is now the new normal for many corporate and government employees.
  • The COVID-19 pandemic is great for Azure and Microsoft’s software subscription sales.

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