Tech powerhouse Nvidia and leading industry analysts express optimism towards four stocks, predicting potential gains of over 100%.
Hey there! Ready to dive into some tech stock recommendations straight from the mouth of Hans Mosesmann, the leader of the pack when it comes to tech analysts?
Unsurprisingly, Hans Mosesmann, Managing Director at Rosenblatt Securities and the fourth-best analyst across all sectors, according to TipRanks, is worth listening to. His success rate? A whopping 69% of his tips lead to positive returns, averaging a 31.5% gain per trade. With a keen focus on North America’s semiconductor industry, where he's a certified expert, it’s no wonder he's got everyone's attention. After all, he was an electrical engineer at chip giants like Texas Instruments and AMD before he moved to Wall Street.
Guess what? He's got a rosy outlook: a whopping 80% of his recommendations are buy recommendations, just 13% are sell recommendations, and the remainder is something he'd rather hold onto. Here are four tech stocks where he sees potential price increases off the charts. We’re talking 100% or more!
1. Nvidia (Target price: $220)
Current price potential according to Mosesmann: +100%
Why? The AI craze is still going strong, and Nvidia is the undisputed industry champ. Mosesmann doesn’t see the rally slowing down anytime soon.
2. Arteris (Target price: $15)
Price potential: +112%
Who? Arteris, a little-known player in chip design software, is exciting because it's shaping autonomous driving and edge computing sectors.
3. AMD (Target price: $225)
Price potential: +118%
Who else? The eternal Nvidia rival AMD has upped its tech game significantly, poised to reap major benefits from the AI market and cloud expansion.
4. Micron Technology (Target price: $250)
Price potential: +183%
The memory chip specialist? Yep, Micron Technology is currently quite undervalued in the market. The price target is more than double the current price.
AI enthusiasts, take note: also check out the Artificial Intelligence Index by BÖRSE ONLINE, which backs some of the best AI industry players.
Want more? Check out: Is the MSCI World now facing a crash? What ETF investors need to know
Disclaimer: The publisher Börsenmedien AG’s board and majority shareholder, Mr. Bernd Förtsch, holds positions over the financial instruments mentioned in the publication or related derivatives, which could benefit from the potential price development resulting from the publication.
Disclaimer: The author holds direct positions over the financial instruments mentioned in the publication or related derivatives, which could benefit from the potential price development resulting from the publication: Nvidia.
Disclaimer: The price of the financial instruments is derived from an index as the underlying. Börsenmedien AG has developed this index and holds the rights to it. Börsenmedien AG has concluded a cooperation agreement with the issuer of the displayed securities, under which it grants the issuer a license to use the index. In this respect, Börsenmedien AG receives remuneration from the issuer.
Investing in tech stocks, such as Nvidia with a target price of $220, Arteris at $15, AMD at $225, and Micron Technology at $250, as recommended by tech analyst Hans Mosesmann, could potentially yield significant returns, with potential price increases of up to 183% for Micron Technology. Additionally, those interested in the AI sector might want to consider the Artificial Intelligence Index by BÖRSE ONLINE, which supports some of the top AI industry players.
