Tag: Loop Capital
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Weakness May be an Opportunity in Super Micro Computer Stock
Over the last few months, Super Micro Computer (SMCI) exploded from a low of about $300 to a high of $1,229. Then, when the company wouldn’t provide preliminary earnings results, the stock gapped to about $664 a share. However, it appears the stock could push higher again after catching support at its 100-day moving average,…
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Netflix Just Scored Another Upgrade
On Aug. 24, we noted, “Keep an eye on Netflix (NFLX). After finding double-bottom support at $400, the NFLX stock popped to $427.55. Now, if it can break above resistance at $440, it could potentially test $480 again. All thanks to its potential revenue surge from password crackdowns.” At the time, Oppenheimer analysts had an…
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Here’s Why DraftKings Could Soon Rally to $100 a Share
Online gambling and sports betting could send DraftKings (DKNG) to $100 share. That’s according to Loop Capital analyst Daniel Adam who now has a buy rating on the stock because of a $30 billion addressable sports wagering and gaming market. In addition, he says DKNG is the play on the online sports better boom and…