Is The Market Sentiment Turning Bullish For GoPro Inc Stock?
Short interest in GoPro stock has been building up over three months. The huge rally on 15 August backed by unusually high volumes likely indicates some short unwinding. That and call option trends indicate that GoPro might finally be seeing a reversal in market sentiment. Flickr Shares of San Mateo, California-based action camera maker GoPro have staged... Read More →
Here’s Why Warren Buffett Continues To Bet On IBM Stock
IBM has performed poorly over the last five years and could report another decline in revenues in 2016. Yet Warren Buffett, who owns 8.5% of the company, has no plan of selling IBM stock. The company is a cash flow generation machine and could post a turnaround in the near future. Flickr IBM (NYSE:IBM), one... Read More →
The Rally In Micron Stock Price Is Far From Over
DRAM demand remains crucial in the near term as Micron Technology, Inc. continues its transition into 3D NAND. If the S&P500 undergoes a profit taking event, Micron stock could easily fall 10%+. Micron’s recently introduced 3D NAND for mobile is the first technology of its kind in this space. Flickr Micron Technology, Inc. (NSDQ:MU) is now... Read More →
Can NVIDIA Stock Continue Its Remarkable Run?
Nvidia continues to exhibit momentum on strengthening gaming trends. Furthermore, there are some additional catalysts to OEM channel revenue. However, getting aggressive purely on historic price performance is inadvisable. Flickr Investing into NVIDIA (NSDQ:NVDA) at this point may sound a little risky. With the company performing better than buy-side expectations in the current fiscal year with... Read More →
Why Apple, Inc. iPhone Growth Will Pick Up Again?
Apple’s iPhone sales are still falling, but at a much slower pace. We could see this reverse once the iPhone 7 is released. iPhone sales will inevitably rebound thanks to very strong demand. The Apple Inc. stock is priced at a gigantic discount to intrinsic value thanks to overly pessimistic analysts’ expectations. Flickr There’s no... Read More →
Kroger Stock Is An Attractive Buy At Current Price Levels
Kroger has outperformed its peers by delivering consistent sales and earnings growth in a very volatile retail sector. Kroger has shown eleven years of market share gains and fifty consecutive quarters of positive identical supermarket sales growth. The average target price of top analysts is at $38, an upside of 16.1% from its August 15... Read More →
Is Alibaba Stock A Buy After The Earnings Beat?
Alibaba beat market consensus for both revenues and EPS. Impressive three-digit YoY growth in emerging businesses in international commerce, Aliyun and Digital Media. Adding potential income from AliPay IPO and Didi Chuxing makes Alibaba stock attractive. Flickr Chinese tech and e-commerce giant Alibaba (NYSE:BABA) reported outstanding FY 2017 Q1 earnings results with higher-than-expected revenues and EPS figures. Alibaba achieved... Read More →
With Strong Growth Potential Under Armour Stock Is A Buy
Under Armour missed consensus earnings estimates for the first time in 25 quarters. Under Armour has strong growth potential especially in China. Under Armour stock is still a stock to buy. Flickr Whether it is Michael Phelps winning his 23rd gold medal at the Rio Olympics, and in the process becoming the most decorated Olympian ever,... Read More →