Apple Stock Forecast: Raising My Apple Price Target to $388

June 21, 2020
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

  • Apple handily beat the $330 price target I gave it last may 10.  I’m therefore raising my one-year PT to $388.
  • There’s a global pandemic and yet AAPL touts a year-to-date price return of +19.09%. Its 1-year price return is +76.74%. 
  • Investors are bullish on the strong rumor that Apple will use its ARM-based processors on some of its next-generation Mac computer products.
  • ARM-based Macs can help boost the computer segment of Apple. This will help further reduce Apple’s heavy reliance on iPhones sales.
  • An ARM-based MacBook, iMac, and Mac Mini would be cheaper than Intel x86-based Apple computers. Catering to more sectors of buyers is good for Apple.

Apple stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Premium Articles

PLUS Stock Forecast: ePlus Inc Is Very Affordable Right Now, Bet On Its Future In Cloud Computing

June 14, 2020

The PLUS stock forecast article was written by Motek Moyen ResearchSeeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • If you like networking hardware giant Cisco, you should consider taking a position on ePlus Inc. 
  • ePlus provides networking hardware and software products to big and small corporations. 
  • ePlus also dabbles in financing the server, data center, and computer requirements of companies and organizations.
  • Networking specialists Juniper Networks, NetApp, and Equinix recently awarded ePlus as their Partner of the Year. This should convince you that ePlus is a long-term winner.
  • Go long on ePlus because it is relatively undervalued compared to its sector peers. 

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here
Premium Articles

Adobe Share Price Forecast: ADBE Deserves A Price Target Of $438

June 14, 2020
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 concluded last April 23 that Adobe’s stock deserved a 90-day price target of $380.
  • ADBE is now trading above $405. You take your profits now.
  • You may also hold on to your Adobe position. This SaaS company is pandemic-resistant. 
  • My fearless forecast is that ADBE can zoom up to $430 before 2020 ends.

“AdobeRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Premium Articles

Nvidia Stock Forecast: I’m Not Happy But Nvidia Is Still A Buy – I’m Raising Price Target To $388

June 9, 2020
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 pre-earnings report buy recommendation for Nvidia last May. I gave it a price target of $320. Nvidia’s stock is now trading above $350.
  • My gut instinct told me that its time to take profits on Nvidia now. Unfortunately, the predictive AI of I Know First still has a mega super bullish one-year forecast for Nvidia’s stock.
  • I have no choice but to again endorse NVDA as a buy. My new one-year price target for it is now $388. 
  • NVDA is relatively overvalued when compared to its peers. However, The Technical Indicators-driven AI prediction system of WalletInvestor has a one-year price target of $413.626 for NVDA.
  • NVDA’S RSI of 100 already made it overbought but if you like momentum driven stocks, NVDA’s EMA trend is still hinting it remains a buy.

“NvidiaRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Premium Articles

Twitter Stock Forecast: Why You Should Still Go Long On Twitter

June 9, 2020
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

  • Twitter’s stock touts a 1-month price return of 24.23%. Profit taking now is justified. However, I’m still endorsing this stock as a buy.
  • TWTR has recovered from its March sell-off 52-week low of $20. This stock is still way below its 52-week high of $45.86.
  • Yes, the COVID-19 pandemic is slowing the growth of digital advertising this year. Business closures are forcing some advertisers to spend less.
  • Going forward, more product sellers and marketers will no longer spend on out-of-home/billboard advertising. They will just re-align their ad budgets to digital advertising platforms like Twitter.
  • My buy rating for TWTR is also largely influenced by its valuation ratios

TWTR stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Premium Articles

CAMP Stock: CalAmp Corp is an Affordable Bet on Telematics

June 2, 2020
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 Telematics Industry  is not pandemic resistant. Cal/Amp saw its Q4 2020 Telematics revenue drop  almost 20% year-over-year to $52.4 million.
  • COVID-19’s headwind on Telematics is why CAMP has not yet recovered to its February highs of $10 price levels.
  • CalAmp’s stock will continue to linger below $9 this year because there’s no COVID-19 vaccine coming soon. This is good for value investors looking for a cheap bet on the fast-growing Telematics industry.
  • Go long on CAMP while it still trades at just 1.23x Forward EV/Sales valuation. This company can survive pandemics. Its Telematics business will recover after COVID-19 gets neutralized.
  • CalAmp will again return to profitability after companies starts adapting efficiently to a pandemic-affected business climate.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Premium Articles

BAC Stock Forecast: Take Advantage of the Dip in Bank of America’s Stock Price

May 31, 2020
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:

  • Bank of America’s stock is still trading notably lower than its 52-week high of $35.72. Most investors believe banks have a headwind from COVID-19.
  • Millions lost their jobs and many small/medium businesses closed. It is obvious that banks will see increased loan defaults due to COVID-19. .
  • Bank of America is big enough. It can weather the temporary headwind from a global pandemic. More importantly, government central banks are always ready to prop up banks.
  • The cheap stock of Bank of America makes it very attractive. Tipranks gives this bank’s stock an average price target of $29.14.
  • I Know First has a very bullish one-year forecast score for BAC.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Premium Articles
Pages:«123456789...31»