Tag: buy rating

  • Crisis May be An Opportunity in Shares of Nike

    Crisis May be An Opportunity in Shares of Nike

    Keep an eye on Nike (NKE). Over the last few days, NKE gapped from $122.50 to $108.02 and appears to have caught strong support dating back to late November. Also, if you pull up a one-year chart, you can see NKE is now over-extended at its lower Bollinger Band (2,20), on RSI, Full Stochastics, and…

  • This is Why AMD is Still a Strong Buy Heading into 2024

    This is Why AMD is Still a Strong Buy Heading into 2024

    As we noted on Oct. 31, “Advanced Micro Devices is a strong buy.” Still is, in our opinion. Granted, guidance was soft in its last earnings report. However, “AMD is one of the few chipmakers capable of making the kind of high-end graphics processing units (GPUs) needed to train and deploy generative artificial intelligence models,”…

  • Nvidia Rocketing on Microsoft AI News

    Nvidia Rocketing on Microsoft AI News

    After a rough day, Nvidia (NVDA) is pushing higher. In fact, in after-hours, the NVDA stock is up about $6.50.  All on the news Microsoft increased spending on equipment to offer AI-powered features to corporate customers. “We will continue to invest in our cloud infrastructure, particularly AI-related spend, as we scale to the growing demand…

  • 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…

  • Oversold Shares of SunPower Ready to Bounce

    Oversold Shares of SunPower Ready to Bounce

    Oversold shares of SunPower (SPWR) is a buy. After crumbling from about $28 to $17, the solar stock appears to have caught strong double bottom support. It’s also starting to pivot from over-extensions on RSI, MACD, and Williams’ %R.  From a current price of $17, we’d like to see it refill its bearish gap around $22. Helping,…

  • Analysts Say PayPal is a Buy Opportunity

    Analysts Say PayPal is a Buy Opportunity

    PayPal Holdings (PYPL) is trying to move higher, as hoped. As we noted on August 31, “From a current price of $93.48, we’d like to see the PYPL stock test $118 again shortly.” While it hasn’t hit our target just yet, it’s now up to $97.38, and running. Helping, Bank of America just upgraded the…