This post was just published on ZYX Buy Change Alert.
MongoDB (MDB) is long from $24. MongoDB stock is trading at $38.94 as of this writing. The company will report earnings after the close tomorrow. Earnings represent a risk both to the upside and to the downside. We had previously stated that it could go to $40.
It is simply prudent to book profits on one-half of the remaining position in the zone of $39 to $40.73 before the earnings.
Consider continuing to hold the remaining half.
A knowledgeable investor would have turned $100,000 into over $1,000,000 with the help from The Arora Report.… Please click here or the title below to read more.
This post was just published on ZYX Buy Change Alert.
Finisar (FNSR) stock is moving up today. The reason for the up move is a buyout in the optical space. LITE is buying OCLR.
We have previously expressed concern about FNSR’s legacy business. Consolidation in the space should marginally help the legacy business. Of course the main reason to continue to hold is FNSR’s relationship with AAPL for providing face recognition components for iPhones. If face recognition becomes popular, this will be a plus for FNSR.
On Friday FNSR stock fell over $2 on reports that earnings were less than the consensus and the whisper numbers. … Please click here or the title below to read more.
This post was just published on ZYX Buy Change Alert.
Micron (MU) stock is flying on a target raise by an analyst from $55 to $100. Please note the following:
At lease temporarily, our target zone remains $65 to $72.
Tech stocks are on fire. As a result, it’s natural for investors who are underweight in tech to want to add to their tech stock holdings.
Since late January’s convulsion in the stock market, flows to stocks have changed, particularly among tech stocks. Here is an oft-asked question: “Which stock is number one among popular tech stocks?” Let us explore with the help of a chart.
Chart
Please click here for the chart showing money flows and ranks of the 10 most popular tech stocks.
The top five stocks shown on the chart are FAANG stocks. These are Facebook FB, Apple AAPL, Amazon AMZN, Netflix NFLX, and Google GOOG, GOOG.… Please click here or the title below to read more.