Amazon Stock Forecast: Why I Still Have A $3,700 Price Target For Amazon

motek 1The Amazon 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

  • Amazon’s Q2 report on July 30 did not beat Wall Street’s revenue estimate. The stock price dropped by -7.57%.
  • Q2 revenue was actually impressive at $113.1 billion (+27% Y/Y). This is lower just $2 billion lower than Wall Street average expectation of $115 billion.
  • Let us focus more on the EPS beat. Wall Street expected only $12.22 but Amazon’s Q2 EPS was $15.22. Amazon is apparently prioritizing net income margin now.
  • The Alpha, Beta, Delta variants are forcing even vaccinated people to again stay at home and do more online shopping, online gaming, and online streaming.
  • Amazon Web Services’ Q2 revenue was $14.81 billion, up +37% Y/Y.

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Micron Stock Forecast: Windows 11 And Chia Crypto Miners Are Tailwinds For Micron

motek 1The Micron 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

  • In spite of the 3-month price slide of -12.18%, Micron’s stock is still +46.7% since my July 28, 2020 buy recommendation.
  • Work-from-home and learn-from-home are still the new normal. More infectious variants of COVID-19 renew the pandemic tailwind for Micron.
  • Nascent Chia cryptocurrency mining is a very promising tailwind for Micron.
  • Windows 11 is a solid tailwind for the server and PC DRAM industry.
  • The low-margin-on-hardware smartphone success of Xiaomi and BBK Electronics is also beneficial to mobile DRAM vendors like Micron.

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Apple Stock Forecast: Impressive Q3 EPS/Revenue Numbers Made Apple A Strong Buy

motek 1The Apple 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

  • Apple’s stock is +14.4% since my December 21, 2020, take-your-profits recommendation.
  • I am AAPL as a buy because of its big beat on Q3 numbers.
  • For its third quarter, Apple’s EPS was $1.30 and its revenue was $81.4 billion. These figures top Wall Street’s estimates of $1.01 EPS on sales of $73.5 billion.
  • Stronger sales and growing net income fortify Apple’s eight consecutive years of dividend growth.
  • The more infectious variant of the COVID-19 virus is an indirect tailwind to Apple’s Services business. The Services segment’s Q3 revenue was $17.5 billion (+32% Y/Y).

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KODK Stock Forecast: The $400.46 Billion Commercial Printing Industry Is A Tailwind For Kodak

motek 1The KODK 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

  • KODK’s stock has downward momentum but I Know First’s AI-powered stock prediction algorithm is bullish.
  • I prioritize I Know First’s algorithm over the pessimistic emotions of investors who have been pummeling KODK’s price down for the past 6 months.
  • Kodak does not need any U.S. government loan to expand to pharmaceuticals.
  • Kodak can survive and prosper solely on its core printing and chemicals businesses.
  • Bad management does not make Kodak a bad company.

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GOOGL Stock Forecast: Unchallenged Leadership in Advertising Will Boost Google To $3,000

motek 1The GOOGL 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

  • GOOGL’s stock price has shot up over +90% since my June 2020 buy recommendation.
  • I am still rating GOOGL as a buy. Exuberant investors are already boosting GOOGL’s price even before it does its Q2 ER.
  • The Delta and other current and upcoming COVID-19 variants will continue to boost the digital and mobile advertising business of Google.
  • Learn-from-home and work-from-home are again the new normal because vaccinated people still get infected by new variants of the COVID-19 virus.
  • Politicians are compelling telcos to put up 5G cellular towers even in rural impoverished towns. Increased 5G deployment and cheap 5G smartphones are a tailwind for Google.

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AMZN Stock Forecast: The Company that Continues Disruption

motek 1This AMZN stock forecast article was written by Nicole Shammay – Analyst at I Know First.

Summary:

  • The latest feature on the Amazon Shopping App, miniTV
  • Companies acquiring Amazon businesses push capital up to $7 billion since 2020
  • Amazon’s key numbers ensure various growth opportunities
  • I project a target price of $4,400 on a year-horizon

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Netflix Stock Forecast: The Expansion To Video Games Can Boost NFLX to $600

motek 1The Netflix 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

  • My July 2020 take-your-profits recommendation for Netflix was correct. Netflix’s stock is now trading below $515.
  • Going forward, the recent announcement that Netflix is expanding to video games convinced me this stock is worth buying again.
  • In-app purchases from Netflix-developed mobile games can offset the big slowdown in subscriber growth.
  • Bundling free-to-play mobile games with subscription plans help Netflix retains the loyalty of its 208 million subscribers.
  • Netflix will likely maintain its $17 billion/year on producing original TV shows and movies. However, it will also allocate a few billion to game development.

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Ford Stock Forecast: Electric Vehicles Boosting Sales and Future

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

Executive Summary

  • Ford Motor Company has a good year so far in 2021. The stock price went up by 68.66% YTD
  • With a new electric car that is giving Tesla tough competition and its plans to invest $30B in the electric vehicle segment, Ford is preparing for the future.
  • Quantitative analysis results indicate bullish signals after stock price topped out the moving average line.
  • F deserves a one-year target price of $21, representing potential revenue growth.

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