Tag: Bank of America

  • This is Why Dell is a Strong Buy

    Shares of Dell (DELL) just broke out. Last trading at $143.32, the tech giant could soon refill its bearish gap at around $180. Helping, analysts at Argus recently raised their price target on DELL to $150 from $130. Bank of. America also has a buy rating on the stock with a price target of $180…

  • Apple Could Soar 36% as it Nears Launch of AI-iPhone

    Apple Could Soar 36% as it Nears Launch of AI-iPhone

    Keep an eye on Apple (AAPL). The beaten-down tech giant is ridiculously oversold at support dating back to May. It’s also oversold on RSI, MACD, and Williams’ %R. And it’s overdue for a bounce back. Helping, analysts at Bank of America say the stock could soar 36% as it nears the launch of its artificial…

  • The Pullback in Apple is Severely Overdone

    The Pullback in Apple is Severely Overdone

    The pullback in Apple is overdone. After gapping from about $180 to about $169, Apple became oversold on RSI, MACD, and Williams’ %R, where it typically bounces. If you pull up a one-year chart of Apple, you can see that each time these indicators align in oversold territory, Apple starts to pivot higher. That’s what…

  • This is Why Nvidia Stock Could Rocket Higher

    This is Why Nvidia Stock Could Rocket Higher

    Shares of Nvidia (NVDA) were explosive today. Last checked, the stock closed up about $32 a share at $522.53, with a volume spike to 63.3 million shares, as compared to its daily average volume of 42 million shares. In after-hours, NVDA is up another $4.47, so we anticipate another big day ahead tomorrow. Helping, the…

  • Affirm Holdings Could Push Even Higher Heading into 2024

    Affirm Holdings Could Push Even Higher Heading into 2024

    Buy now pay later (BNPL) stocks, like Affirm (AFRM) could see higher highs, we said on Nov. 28. At the time, AFRM traded at around $30. Today, it’s up to $51.14 and could push even higher.  All after expanding its relationship with Walmart, which will allow consumers to use BNPL at self-checkout at more than…

  • This is Why Affirm Holdings Could Rally Even More

    This is Why Affirm Holdings Could Rally Even More

    Buy now, pay later (BNPL) stocks, like Affirm (AFRM) could see higher highs. That’s because a majority of holiday sales are being driven by BNPL. All with many consumers asking, “Why pay now for what can be paid for later in installments?” In fact, as noted by Fox Business, “According to Adobe, the flexible spending…

  • There’s Still Time to Buy C3.AI Before it Takes Off Again

    There’s Still Time to Buy C3.AI Before it Takes Off Again

    “C3.ai is one of the hottest software stocks on the market. Now, after dropping about 60%, it’s one of the most undervalued – and still attractive. For one, there’s no shortage of demand for its products,” we noted in late January. “In fact, the company is making money by developing AI solutions and software for…

  • Hedging Apple Into Earnings May be Best

    Hedging Apple Into Earnings May be Best

    Apple’s (AAPL) earnings are up next. And analysts, like Wedbush’s Daniel Ives, are bullish. In fact, according to the analyst, Apple’s iPhone revenue should be in line with expectations when it reports earnings on Thursday. At the moment, expectations are for Apple to report sales of $92.91 billion, with $48.8 billion of that figure coming…

  • Block (SQ) Could Refill its Bearish Gap Shortly

    Block (SQ) Could Refill its Bearish Gap Shortly

    Block (SQ) is coming back strong. On March 23, we noted, “The stock took a $10 header on a Hindenburg short report allegation that Square has ‘systematically taken advantage of the demographics it claims to be helping.” Today, the stock is up about $3.56. And it looks like most of the negativity has been priced…

  • Why Nvidia Could Refill its Bearish Gap around $280

    Why Nvidia Could Refill its Bearish Gap around $280

    Nvidia (NVDA) is seeing a solid start to the new year, as hoped. In fact, as we noted on Dec. 9, “The company should continue to benefit from its massive push into virtual reality, the metaverse, and the company’s Omniverse.  Two, billionaires like John Overdeck and David Siegel recently bought over 1.2 million shares of…