Investors, traders, economists, and retail investors like you and me are on the edge of seats. NVIDIA (NVDA)'s earnings announcement after the bell on Wednesday will be huge. And there's no telling what they'll report and what'll happen afterward.
The best we can do right now is stick to our principles and analyze the stocks with more certainty. Let's get into that...
Netflix (NFLX) announced positive news regarding their advertising model developments, results that have analysts upgrading the shares.
Analysts from TD Cowen turned bullish on Netflix shares last week after the streaming giant announced a 150% increase in streaming advertisement ad sales.
Shares of Netflix remain in a long-term bull market trends with eyes on a break above $700 as the
AI service companies continue to take the lead role in the market as companies look to turn AI technology into profits.
Last week, shares of Palantir (PLTR) and IBM (IBM) – two Ai service leaders – rallied to new highs as investors have started to turn their attention to the “value” investments in the AI industry.
IBM shares closed at new all-time highs on Friday with the $200 price within less than 2.5% reach.
Expect Wall Street’s analyst’s to start upgrading IBM shares ahead of the company’s next earnings report on October 23.
Most investors aren’t thinking about Presidential election cycle stocks, but Gannett Co. (GCI) is one that is lined-up to remain bullish regardless of who wins.
We headlined this stock months ago, as the stock war trading below $4. Now, shares of Gannett are setting to break through $5 on their way to $7.
Media companies like Gannett (GCI) and Fox (FOXA) are often the winners during election cycle years given the large revenue that is spent on advertising.
This year appears to be no exception as a move above $5 is likely to propel shares of Gannett towards a target of $7.
Small cap banks got a jolt from Jerome Powell’s Jackson Hole message this week.
The Fed Chairman met the market’s expectations that interest rates would start lowering interest rates at the next FOMC meeting on September 18.
Smaller regional banks like LCNB (LCNB) are set to benefit from increased business from those lower rates as well as lower costs on their deposits, an equation that adds up to better revenue and profits from the regional bank sector.
Despite the Fed’s positive message for interest rates this week, many consumer discretionary and travel companies continued their weakness, including shares of Airbnb (ABNB).
Airbnb shares moved into a long-term bear market trend this month after the company endured earnings that missed Wall Street’s targets, including an outlook that reflects lower demand.
Share have hovered around the $115 price level for the last two weeks after a “dead cat bounce” at $110 after the company’s last earnings report.
Investors should target another 14% decline to a target price of $100 for Airbnb shares.
