Tesla's stock has been on a remarkable run recently, hitting a 52-week high of $358. Analysts have varying opinions on its future performance2. Some analysts have set price targets as high as $400 for Tesla in 2024. However, the consensus price target is around $220 to $350, with a significant number of analysts rating it as a "Hold". As for whether to take profit at $330 or add more when it pulls back, it really depends on your investment strategy and risk tolerance. If you're looking to maximize gains, you might consider holding or adding more if there's a pullback. However, if you're more risk-averse, taking profit at $330 could be a safer option.
So, here’s the thing. After Trump snagged the election, the U.S. stock market went into overdrive, hitting record highs. We’re seeing some pretty wild action with growth stocks like Applovin ( $AppLovin Corporation(APP)$ ), Upstart ( $Upstart Holdings, Inc.(UPST)$ ), and LYFT ( $Lyft, Inc.(LYFT)$ ) —these guys racked up single-day gains of over 20% just from their earnings reports. Crazy, right? But let’s not get carried away. These mega gains have that meme stock vibe, where everyone’s jumping in just because it’s trending, not necessarily because of solid fundamentals. Remember GameStop and AMC? Yeah, that kind of hype can be a double-edged sword. In a bull ma
Berkshire Hathaway's significant reduction in Apple stock holdings and the accumulation of a record cash pile have raised several questions about the future of Apple and the broader market. 1. Has the moat of Apple disappeared or not? Apple's "moat," or its competitive advantage, is a complex issue with varying perspectives. Some argue that Apple's strong brand loyalty, innovative products, and robust ecosystem continue to provide a significant moat. Others believe that increasing competition, particularly from Chinese smartphone manufacturers, could erode Apple's competitive advantage over time. 2. How will the stock move? Apple's stock movement will depend on various factors, including its financial performance, product launches, and overall market sentiment. While some analysts beli
The 30% YoY revenue jump demonstrates Palantir’s ( $Palantir Technologies Inc.(PLTR)$ ) expansion in the AI software sector, especially in government and enterprise applications. Palantir's emphasis on AI readiness and government contracts resonates with market expectations, particularly as demand for AI-based solutions has been surging in multiple sectors. With net profit at an all-time high, Palantir's profitability story appears to be maturing. This shift from speculative to actual profitability will likely draw both institutional and retail interest, reducing the stock’s risk profile and making it more appealing in the current AI-driven growth market. As for Palantir's future, it's certainly showing potential, but comparing it to Nvidia migh
With the auditor's resignation and ongoing investigations by the Department of Justice, it's hard to see a bottom in sight for SMCI's stock price. The stock has already plunged nearly 30% following the news, and as more information comes to light, investor confidence is likely to erode further. The company's history of financial mismanagement and the recent allegations suggest that the downward trend will continue, making it a risky bet for any investor. Given the current situation, SMCI is not worth investing in. The company's financial troubles, coupled with the lack of transparency and accountability, make it a high-risk investment. Until there are significant changes in management and a clear plan to address the issues, it's best to steer clear of SMCI. Investors should look for compa
It's certainly an exciting time for semiconductor companies, especially with the strong demand for AI-related products! AMD's upcoming earnings report will be closely watched, given the recent positive performances from its peers. Analysts are optimistic about AMD's prospects, with revenue expected to grow 15.8% year-over-year to $6.71 billion, and adjusted earnings per share projected at $0.92. The company's data centre business, which is crucial, is anticipated to bring in $3.46 billion, up significantly from last year. As for the target price, analysts have set an average target of $188.06, compared to the current share price of around $156.15. This suggests a potential upside of about 21% if AMD meets or exceeds expectations.
First off, I’m not personally invested in DJT stocks. If I had made a big profit, I’d see this as the final window to close my position. Historical data shows that after every election, the capital market tends to dip, no matter which party wins. So, I’m not betting my money on the election outcome. So, is this the last chance to get in or out before the election? In my view, it’s a good time to take profits if you’ve got them. The market is unpredictable, and holding on through the election could be risky.