Morgan Stanley: Micron Technology (MU. O) Price target to $46 from $49

/ / Technology / ,

2022.12.22 Morgan Stanley: Micron Technology (MU. O) Price target to $46 from $49. Micron Technology, Inc.(Nasdaq: MU) stock trading strategy: 2022.12.23 From the stock technical graph analysis, the stock price has not fallen below the previous stage low of $48.33 even under the background of the financial report falling less than expected and the NASDAQ index plummeting, short-term buying support is strong, aggressive investors can back $48 high selling low or holding positions, stop loss price of $47, stock price stop falling and rise and close price higher than 47 yuan when the cover is made, it is not recommended for prudent investors to buy the bottom of the transaction. From a fundamental perspective, operating income for the first quarter of fiscal 2023 was $4.085 billion, market expectations were $4.12 billion, YoY-46.86%, net income attributable to common shareholders was -$195 million, prior-$2.306 billion, and EPS was -$0.18 vs. $2.04 previously. […]

Morgan Stanley: Micron Technology (MU. O) Price target to $46 from $49 Read Post »

AMAZON (AMAZN. O): operating income of US$127.101 billion in Q3 of fiscal 2022, YoY+14.70%Net sales increased 15% to $127.1 billion in the third quarter

AMAZON (AMAZN. O): Net sales increased 15% to $127.1 billion Q3 of fiscal 2022

/ / Consumer Discretionary /

Amazon.com, Inc. (NASDAQ: AMZN) stock trading strategy: 2022.11.17 From the technical chart, the long-term downtrend in the stock price has not ended, and the probability of another dip of $90 is very high. From the perspective of K-line technical form, the recent short-term trading backed by $90 Bo rebound or high selling low absorption is a higher return range, and the recommended trading range is between $90 and $105. The mid-line buy point is between $86 and $95, and there can be no stop loss. For the time being, there is no long-term holding space. From a fundamental point of view, Q3 2022 achieved operating income of US$127.101 billion, expected US$127.764 billion, YoY+14.70, net profit attributable to common shareholders of US$2.872 billion, YoY-9.00, EPS US$0.28, YoY-8.50, expected US$1.75. Subject to the interest rate hike cycle, the market risk appetite has declined, and the probability of stock price fluctuations of $80-$120 in

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JPMorgan: Nike (NKE. N) Price target raised to $128 rating “Overweight”

/ / Technology /

2022.12.22 JPMorgan Chase published a research report that Nike (NKE. N) Earnings per share for the third quarter were higher than expected and EBIT margin was 11.9. Management raised its fiscal 2023 outlook to a median earnings per share forecast of approximately $3.10. The bank believes that the Group is a leader in the global sports market, diversifying in product categories, geographies and distribution, and believes that its brand momentum in all regions is sustainable, insulating macro market volatility and supporting sustainable revenue growth, which, together with continued gross margin expansion, is expected to drive sustainable mid- to high-double-digit earnings per share. The bank raised its price target from $127 to $128, giving it an “overweight” rating. Nike stock trading strategy: 2022.12.22 From the technical graphics point of view, affected by the financial report greatly exceeded expectations, the stock price temporarily ended the downtrend, the short-term space has been full,

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