Tag: Buy

Apple In Talks To Buy Lidar Technology For Self-Driving Car: Report

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J.P. Morgan Says These 3 Gold Stocks Could Surge 40% (Or More)

Let’s talk about gold. The precious metal is the traditional safe haven investment, backed by its use – starting 5,000 years ago – as a reliable store of value. Investors looking to protect their portfolio and secure their wealth traditionally bought heavily into gold, and the price of gold has sometimes been used as a proxy (albeit an inverse one) for general economic health. In a recent report, investment firm J.P. Morgan took a long look at the state of the gold industry – specifically, the gold

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What Makes ASE Technology Hldg (ASX) a New Buy Stock

ASE Technology Hldg (ASX) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates — one of the most powerful forces impacting stock prices — has triggered this rating change.

The sole determinant of the Zacks rating is a company’s changing earnings picture. The Zacks Consensus Estimate — the consensus of EPS estimates from the sell-side analysts covering the stock — for the current and following years is tracked by the system.

Since a changing earnings picture is a powerful factor influencing near-term stock price movements,

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Better 2021 Buy: NVIDIA or Micron Technology?

NVIDIA (NASDAQ:NVDA) and Micron Technology (NASDAQ:MU) have done well on the stock market over the past year, delivering solid gains to investors despite the upheaval caused by the novel coronavirus pandemic in 2020. But there has been a big difference in the degree of gains delivered by the two stocks.

Shares of NVIDIA have more than doubled, but Micron’s performance hasn’t been as astronomic. Will a similar story unfold in 2021, making NVIDIA a better bet for investors than Micron?

Let’s find out.

NVDA Chart

NVDA data by YCharts

The case for NVIDIA

NVIDIA has entered 2021 with solid catalysts in two

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L&T Technology Shares Gain As Motilal Oswal Initiates Coverage With A ‘Buy’

Shares of L&T Technology Services Ltd. gained the most in more than a month after Motilal Oswal initiated coverage on the stock with a ‘buy’ rating.

The engineering services company has a unique position aided by a diversified portfolio and marquee clients, the brokerage said in a note, as it set a price target of Rs 2,830 apiece—implying a potential upside of 22% from Monday’s closing price.

“L&T Technology has one of the most diversified business mixes within its peer group, with lower client concentration and five large verticals with over 10% revenue contribution,” Motilal Oswal said. As of the

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Is Micron Technology Stock a Buy?

Micron Technology (NASDAQ:MU), one of the world’s leading producers of DRAM and NAND memory chips, recently posted strong first-quarter numbers that easily beat Wall Street’s expectations.

Its revenue rose 12% year over year to $5.77 billion, beating estimates by $110 million and marking its third consecutive quarter of growth. Its adjusted net income rose 64% to $897 million, or $0.78 per share, which cleared expectations by nine cents.

Those numbers indicate Micron’s core DRAM and NAND businesses, which struggled with a supply glut and declining prices throughout 2019 and 2020, have finally stabilized. But is its stock still worth

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