I Know First Weekly Review Algorithmic Performance: August 4th, 2020
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August 4, 2020
Nvidia Stock Forecast: ARM Holdings May Boost Nvidia’s Stock Over $460
The Nvidia stock forecast 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 gave NVDA a price target of $388 last June 9. The stock is now trading above $405. My Nvidia stock forecast again endorses it as a buy.
- Nvidia’s bold intention to buy ARM Holdings from troubled SoftBank Group could push the stock above $460.
- ARM Holdings is the intellectual property license owner of ARM processors used by drones, surveillance cameras, smartphones, tablets, ChromeBooks, laptops, smart devices and other Internet of Things products.
- If the deal pushes through, Nvidia will have the power on who could get or renew their license to design and manufacture ARM-based processors.
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Subscribe to receive exclusive PREMIUM content HereNVDA Stock: Will It Continue to Grow in Q3?
This NVDA stock forecast article is written by Hao Liu, financial analyst at I Know First.
Summary:
- Impetus for spending is likely to fade away for some technology segment, but not semiconductor
- Nvidia business transformation into AI and machine learning could bring big wins
- NVDA stock is a strong buy, especially in the long term
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Subscribe to receive exclusive PREMIUM content hereNvidia Stock Forecast: Reasons Why it Will Continue to Soar Long-term
This article was written by Isaac Rothstein - Analyst at I Know First.
Summary
- NVIDIA has significantly outperformed the S&P 500 over the last five years.
- Quarterly revenue from gaming has increased by 27% year over year
- NVDA is expanding its presence in growing markets.
- Revenue generated from data centers has grown by 80% this year.
- NVDA stock price continues to rally beyond its previous record high in 2018.
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Subscribe to receive exclusive PREMIUM content HereNvidia Stock Forecast: I’m Not Happy But Nvidia Is Still A Buy – I’m Raising Price Target To $388
The 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.
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Subscribe to receive exclusive PREMIUM content HereNvidia Stock Forecast: Bullish Outlook for Nvidia in 2020
The 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.
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Subscribe to receive exclusive PREMIUM content HereWinning Stock Forecast: Netflix, Amazon, Nvidia
Netflix (NFLX)
(source:www.journaldugeek.com)
Over the period of April 5th to April 19th, Netflix (NFLX) stocks prices jumped by 16.92% in 14 days in agreement with the bullish I Know First forecast.
Unsurprisingly, Netflix is one of the favourite occupations of the confined population. Since the beginning of the confinement, the SVOD platform has gained 15.8 million subscribers (+9.4%).
Netflix breaks an all-time record and sees its share price increase by
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