Tag: Truist

  • Solar Stocks May Have Bottomed Out

    Solar Stocks May Have Bottomed Out

    Solar stocks may have found a bottom. With a good deal of negativity priced into solar names and hopeful rate cuts from the Federal Reserve, solar stocks are moving aggressively higher. Analysts at Truist just upgraded Sunnova and Enphase to a buy rating, noting that, “While we’ve surely not seen the end of volatility in…

  • Nvidia About to Hit our $300 Price Target

    Nvidia About to Hit our $300 Price Target

    Nvidia doesn’t seem to know the meaning of down. On February 23, we noted, “The stock broke above resistance dating back to April 2022, and now trades at $231.90 a share. From here, we’d like to see NVDA test $300.  All after the company posted strong earnings growth with EPS of 88 cents, as compared…

  • Advanced Micro Devices Could Test $100 Again Soon

    Advanced Micro Devices Could Test $100 Again Soon

    Advanced Micro Devices (AMD) is on the move. As we noted on December 30, “After starting the year around $151, it sank to a low of about $57.  All thanks to broad market weakness, inflation, fears of recession, price target cuts, plunging PC demand, you name it.  That’s the bad news.  The good news is…

  • Nike Trading High on Solid Q3 2022 Earnings Beat

    Nike Trading High on Solid Q3 2022 Earnings Beat

    Nike (NKE) could see further upside. This morning, the stock was up $6.61 to $136.80 on solid earnings. For its third quarter, the company saw EPS of 87 cents, as compared to expectations for 71 cents.  Revenue came in at $10.87 billion, as compared to $10.59 billion estimates. NIKE Direct sales were $4.6 billion, up…