Tag: Loop Capital

  • Weakness May be an Opportunity in Super Micro Computer Stock

    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,…

  • Netflix Just Scored Another Upgrade

    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…

  • Here’s Why DraftKings Could Soon Rally to $100 a Share

    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…