Tag: JP Morgan

  • Here’s Why Palo Alto Networks is Exploding Higher Again

    Here’s Why Palo Alto Networks is Exploding Higher Again

    Days after gapping lower on earnings, Palo Alto Networks (PANW) is exploding higher. At one point on Monday, shares were up about $30. All as analysts argue the pullback was overdone. Susquehanna analysts, for example, are still bullish on the PANW stock, and have a price target of $325. Analysts at JP Morgan argue that…

  • Take-Two Interactive is a Top Pick for 2024

    Take-Two Interactive is a Top Pick for 2024

    With major catalysts ahead, Take-Two Interactive (TTWO) could push higher. For one, it’ll join the NASDAQ-100 on December 18. Two, the gaming stock is exploding in anticipation of the latest Grand Theft Auto release, which could do about a billion dollars in sales within weeks of its launch. In fact, for an idea of how…

  • Take-Two Interactive Could Have an Explosive New Year

    Take-Two Interactive Could Have an Explosive New Year

    Investors may want to keep an eye on Take-Two Interactive (TTWO). The gaming stock could push even higher, as millions of gamers wait for the release of Grand Theft Auto VI—one of the most anticipated game releases. Helping, CEO Strauss Zelnick hinted at a possible release date for Grand Theft Auto VI. “We leave the…

  • Top Reasons to Buy and Hold PayPal Holdings

    Top Reasons to Buy and Hold PayPal Holdings

    Oversold shares of PayPal Holdings (PYPL) are on the move. After catching double bottom support, the stock is just starting to push higher.  Helping, CEO Daniel Schulman just doubled down on his PYPL. In fact, according to a US SEC filing, the CEO bought 26,065 shares of PYPL at $76.16 a share for about $395,351…

  • Use Weakness in Hydrogen Fuel Stocks as Opportunity

    Use Weakness in Hydrogen Fuel Stocks as Opportunity

    Pay close attention to hydrogen stocks this year. With countries all over the world pledging to reduce emissions, “Hydrogen would be necessary for the world’s largest emitters – the US, China, and Europe – to achieve net-zero climate targets by 2050 – 2060 by decarbonizing hard to abate industries,” says Energy Global. Analysts at Goldman…

  • The Pullback in PayPal May be Overdone

    The Pullback in PayPal May be Overdone

    Keep an eye on the PayPal pullback. After racing from a low of $87 in early 2020 to a high of $309.48, the stock fell to a recent low of $204.58.  All thanks to its consumer spending concerns, and poor 2022 guidance.  For example, the company said fiscal 2022 revenue would increase about 18%, which…

  • Why It May be Best to Wait for Microsoft to Pull Back

    Why It May be Best to Wait for Microsoft to Pull Back

    Microsoft (MSFT) has been unstoppable. After bottoming out around $280, the tech stock just gapped to $325.70. All thanks to its latest batch of earnings. Revenues were up 22% to $45.3 billion.  Operating income jumped 27% to $20.2 billion.  Net income came in at $20.5 billion GAAP, and $17.2 billion non-GAAP.  Both were up 48%…

  • It’s Time to Buy Back into Casino Stocks

    It’s Time to Buy Back into Casino Stocks

    Keep an eye on casino stocks. With pandemic fears fading, casinos are back to raking in the green.  In the first quarter of the year, U.S. commercial gaming revenue topping $11 billion in the first quarter of 2021, according to the American Gaming Association (AGA). “The revenue total marks a 4.1 percent increase over the…