by Ian Cooper Economic uncertainties, nearing presidential elections, and explosive tension in the Middle East have all made markets a bit more volatile. And while it may take some time for it to all blow over, you can keep your portfolio safe with healthy,...
Oversold shares of Advanced Micro Devices (AMD) appear to have caught strong support at $156. From here, we’d like to see a near-term test of $180, which would refill its bearish gap. Helping, strong earnings from Taiwan Semiconductor are giving a boost to AMD and...
Keep an eye on Marvell Technology (MRVL). After finding support at $72.50, the stock raced to $79.41 and could see higher highs. All after Chairman and CEO Matthew Murphy bought 13,000 shares at $77.63 for just over $1 million. Helping, the company just posted solid...
On October 9, we highlighted an opportunity in Nvidia (NVDA). At the time, it traded at about $133. Today, it’s up to $138.07 and could race even higher. For one, analysts at Citi reiterated a buy rating on the stock with a $150 price target. Two, Cantor...
by Ian Cooper With the 2024 NFL season now underway, buy gambling stocks. After all, according to the American Gaming Association, Americans are expected to spend about $35 billion on NFL games this year. That’s up from the $26.7 billion wagered a year ago. As noted...
With the football season underway, keep an eye on DraftKings (DKNG). Currently consolidating at $38.44, we’d like to see it retest $42 initially. For one, according to the American Gaming Association, Americans are expected to spend about $35 billion on NFL...
With oil prices starting to gain momentum again, keep an eye on Exxon Mobil (XOM). After a recent dip to $122.09, it appears to have caught strong support and could push aggressively higher again. All on growing concerns we’ll see more fighting between Israel and...
Keep an eye on UPS (UPS). After pulling back from about $137 to $130.96, it appears to have caught strong support. Plus, as noted by analysts at Citi, the dip is a buy opportunity. The firm now has a price target of $162, noting that, “Despite share loss to...
Keep an eye on rebounding shares of Nvidia (NVDA). Just yesterday, analysts at Citi reiterated a buy rating on the stock with a $150 price target. According to the firm, as quoted by Business Insider, “Nvidia is positioned for growth and increased market presence.” ...
by Ian Cooper The artificial intelligence story is still red hot. Granted, some of the AI tech leaders pulled back in recent weeks, but that weakness is an opportunity – especially as AI grows. Look at Nvidia (NVDA), for example. The company – which provides the...