CRON Stock Forecast: Recovery Ahead As New Products Launched

This CRON stock forecast article was written by Maria Grishaev, Analyst at I Know First.

Executive Summary

  • Cronos Group Inc. had a mixed year in 2020 with their stock losing 2.66%, mostly due to the COVID-19 pandemic.
  • Quantitative analysis results indicate bullish signals after stock price topped out the moving average line.
  • With the new Biden administration and the legalization of cannabis in five new states in the US, the new product launches worldwide, the company’s future is looking better.
  • Based on the Multiples Valuation model, my price target for CRON is 18$, indicating a cautious buy recommendation.

New forecasting serviceRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Stock Market Forecast: S&P 500 & Nasdaq – Accuracy Up To 100%

Stock Market Predictions Highlights:

  • The best hit Ratio is 100% for the 365-day time horizon both of Nasdaq ETF (QQQ) and S&P500 (IXIC)
  • Our performance evaluation period covers the Covid-19 times, yet all the forecasts are still more than 60% accurate for all time horizons.

Read more

ACB Stock Forecast: Is the Worst Behind Us?

This ALGN stock forecast article was written by Maria Grishaev, Analyst at I Know First.

Executive Summary

  • Aurora Cannabis Inc had a mixed year in 2020 with the stock losing 72.49% YTD..
  • With new management, a recent public offering and legalization of cannabis in five new states in the US, the company’s future is looking better.
  • Based on the Multiples Valuation model, my price target for ACB is 16$, indicating a cautious buy recommendation.

New forecasting serviceRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

I Know First Weekly Review Algorithmic Performance: July 7, 2020

I Know First Weekly Newsletter
Investment Selection Using AI Predictive Algorithm
July 7, 2020

Read The Full Newsletter

IBM Stock Price Forecast: International Business Machines Is Exposed To Further Downside

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 debt load of International Business Machines is worrisome. IBM’s annual sales has been declining since 2011. It will be hard to pare down a total debt of $69.45 billion.
  • IBM had to issue $20 billion in new debt (bond) last year to fund its $34 billion acquisition of Red Hat. This is why IBM’s long-term debt is now more than $52.4 billion.
  • The debt-laden status of IBM plus its lingering inability to reverse the decline in its annual revenue is why its stock is undervalued and under-appreciated.
  • Using debt to grow its cloud business is justified. However, Red Hat is not yet helping cloud revenue grow fast enough to mitigate the decline in IBM’s legacy enterprise business.
  • We can only pray that this pandemic will encourage more companies to subscribe to IBM’s cloud computing solutions.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here

Stock Market Forecast: I Know First S&P 500 & Nasdaq Evaluation Report – Accuracy Up To 72%

Stock Market Predictions Highlights:

  • The best Hit Ratio is 72% for the 90-day time horizon of Nasdaq ETF (QQQ)
  • Our performance evaluation period covers the Covid-19 times, yet all the forecasts are still more than 60% accurate for all time horizons.
stock market predictions

Read more

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

Nvidia Stock Forecast: Bullish Outlook for Nvidia in 2020

motek 1The article was written by Chloe Peng, Analyst at I Know First., Master of Science of Finance candidate at Brandeis University.

Summary:

  • Nvidia generates 178.61% return on its stocks in 1 year from Sep.10th, 2016 - Sep.10th, 2017
  • The industry is facing both challenges and opportunities under current situation, as e-sport events are cancelled but stay-at-home advice also caused increase in video gaming time. The overall influence is still unclear.
  • As the leader in its sector, Nvidia maintains its share in GPU market, as well as expands to new markets, for example systems for autonomous vehicles to seek for growth.
  • I hold a 1-year bullish outlook for Nvidia despite the current disruptions to the business due to the coronavirus pandemic.

TSMC stock forecastRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here