Tag: upgrade

  • Solar Stocks Could See Higher Highs in New Year 2024

    Solar Stocks Could See Higher Highs in New Year 2024

    “Investors may want to consider buying beaten-down solar stocks like First Solar (FSLR), Canadian Solar (CSIQ), SunWorks (SUNW), SolarEdge (SEDG), and even beaten-down solar ETFs such as the Invesco Solar ETF (TAN), which is showing signs of life again,” we noted on December 14. Since then, most have rocketed even higher. First Solar for example…

  • With Obesity Bursting at the Seams, Keep an Eye on Eli Lilly

    With Obesity Bursting at the Seams, Keep an Eye on Eli Lilly

    The obesity epidemic is bursting at the seams. According to the World Health Organization, obesity has tripled since 1975.  More than 1.9 billion adults were overweight, as of 2016, with more than 650 million considered obese. Plus, more than 340 million children were considered overweight in 2016, as well.  It’s an issue that’s been plaguing…

  • 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…

  • Enphase Energy Could See Higher Highs, as Hoped

    Enphase Energy Could See Higher Highs, as Hoped

    Keep an eye on Enphase Energy (ENPH), we said on March 20. We added that “After plummeting from about $340 to $180, the stock appears to be bottoming out.  In fact, if it can hold support dating back to mid-2022, it could push higher in the near term.  Helping, Raymond James analyst Pavel Molchanov just…

  • This is Why Shares of PayPal Holdings Are Up

    This is Why Shares of PayPal Holdings Are Up

    PayPal Holdings (PYPL) is on the move. After pulling back from about $103 to $93, the stock is starting to rebound.  At the moment, the stock is up about $1.54 a share. Helping, Bank of America just upgraded the PYPL stock to a. buy from a neutral rating with a $114 price target.  This comes…

  • It May be Time to Jump Into Advanced Micro Devices Stock

    It May be Time to Jump Into Advanced Micro Devices Stock

    Keep an eye on oversold shares of Advanced Micro Devices (AMD). Oversold on RSI, MACD, and Williams’ %R, the tech stock is showing signs of life at double bottom support.  From a current price of $78.82, we’d like to see it race back to $100, near-term.  Helping, BMO Capital just upgraded the AMD stock to…

  • The Bottom May Be In for Netflix Stock

    The Bottom May Be In for Netflix Stock

    Severely beaten up shares of Netflix (NFLX) are on the run. Last checked, the NFLX stock was up $5.34, as it starts to pivot from a recent 52-week low.  It’s also wildly oversold on RSI, MACD, and Williams’ %R.  From a current price of $193, we’d like to see the stock challenge $250 again, near-term.…

  • This is Why Advanced Micro Devices Jumped Today

    This is Why Advanced Micro Devices Jumped Today

    AMD is a solid opportunity. After pulling back to $114, analysts at Bernstein just upgraded the stock to a buy rating. “It has been almost 10 years since we held an Outperform rating on AMD’s stock, an omission mostly emotional in nature,” analyst Stacy Rasgon said, referring to an unsuccessful bullish call on AMD earlier…