Tag: trading

Micron Technology, Inc. manufactures and sells memory and storage solutions worldwide and climbed nearly 4% today after an analyst from BMO Capital Markets reversed his bearish stance and upgraded the semiconductor company to outperform from market perform stating, “while fundamentals will likely get worse before they get better, we believe the shares have bottomed, we are also raising our target price from $50 from $32.  But this post isn’t about Micro Technology, it’s about Nvidia. 

Nvidia needs no introduction, but just to remind you, not only is Nvidia the leader in gaming, but also the leader in supplying chips needed for

The beginning of the a new year is a time for all (really anybody) Wall Street pundits to make their year end predictions. I have come across many articles over the last several days predicting where the S&P 500 will be and where oil will be and where gold will be and where interest rates will be by year end. Two predictions in particular that I came across were the following:

“We expect a bear market rally to develop over the coming weeks, and we expect a new bull market to develop over the coming months to quarters,” said Ari Wald,

Happy New Year to Netlflix.  Netflix has gained 16% during the first week
of trading for the year, 10% alone on Friday after Goldman Sachs added Netflix
to its conviction list.  Stocks that make
their conviction list are hand-picked stocks that are expected to outperform
and deliver meaningful upside.  So much
so, Goldman Sachs think Netlflix will be higher by 50% over the next 12 months.
  50% upside represents a stock price of
$400.

Goldman Sachs believes
Netflix’s investment in content, technology and distribution will continue to
drive subscriber growth above Wall Street expectations both in the U.S. and
internationally.

Netflix has been
investing in original movies and programming to grow its