Key Points Nvidia’s stock soared 239% in 2023, greatly outperforming its peers, driven by surging demand for its products. Earnings are expected to grow by 66.88% for the year, projecting a substantial increase from $11.08 to $18.49 per share. Breaking critical resistance at $500, Nvidia’s recent 14% surge marks a pivotal moment for the stock. […]
Nvidia’s skyrocketing journey into 2024 Read More »
Key Points This week, Morgan Stanley upgraded AAL from Equal Weight to Overweight alongside a prediction that it can appreciate to $20 by year end. AAL is trading at 6.2x trailing 12 months earnings while its three S&P 500 peers — Delta, United and Southwest — have an average trailing P/E ratio of 17x. The
4 reasons American Airlines stock could fly 40% higher in 2024 Read More »
Key Points Infosys’ quarter was exactly as expected, with little to move the market. However, the company is expected to return to growth by mid-year and pay a nice dividend. Emerging markets will drive business in 2024; analysts are upgrading the stock. 5 stocks we like better than Infosys Infosys NYSE: INFY is an emergent
Infosys stock sets up for growth, supported by AI Read More »
Key Points The SIA data shows semiconductor sales returned to growth in Q4 2023. The outlook in 2024 is for double-digit revenue growth led by AI. These are the top stocks in the best position to capture gains and deliver shareholder value in 2024. 5 stocks we like better than Micron Technology Two primary themes
Semiconductor sales grow; acceleration is in the forecast Read More »
Key Points Bitcoin-related stocks Coinbase, MicroStrategy, Marathon Digital and Riot Platforms traded lower as new spot Bitcoin ETFs went live. Large-cap Coinbase acts as the custodian for Grayscale’s Bitcoin ETF, although regulatory and legal challenges persist. Bitcoin miners Marathon Digital and Riot Platforms have been showing volatile trade recently, reflecting investor indecision about valuation. 5
Will these crypto stocks get a boost from new Bitcoin ETFs? Read More »
Key Points Marketbeat’s analyst tracking tools turned up two fresh upgrades on stocks with significant upside potential. Chewy is the leader in eCommerce with multiple growth drivers and levers for profit. Williams-Sonoma analysts shift gears and drive the stock to a new high; more highs are on the way in 2024. 5 stocks we like
2 eCommerce upgrades that you can buy into Read More »
