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Broadcom (NASDAQ: AVGO) stock price breached $300 mark again following strong Q3 results. The stock price has 52-weeks trading range of $323 to $208. Previously, the stock has surpassed $300 level several times but it failed in sustaining the upside momentum. Broadcom has beaten analysts’ earnings expectations for the third quarter while its revenue grew…
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Intel Corporation (NASDAQ: INTC) stock price regained upside momentum since it announced second-quarter results. The stock is up 15% in the last month alone. It is currently trading around $52, down slightly from 52-weeks high of $59 a share. Unfortunately, Citi sees limited upside potential for Intel stock price. Citi analyst Christopher Danely has set…
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NVIDIA (NASDAQ: NVDA) stock price lost almost half of its value during the last two months of fiscal 2018. Although it regained some momentum since the beginning of the year, the stock is still down significantly from 52-weeks high of $292 a share. The stock is currently trading below $200 level. The bearish trend in…
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Cisco Systems (NASDAQ: CSCO) stock price plummeted sharply after featuring a lower than expected financial outlook for the first quarter. Analysts claim that CSCO is unlikely to create a significant bullish trend in the coming days. They have trimmed price targets and ratings for Cisco stock price. Cisco Systems stock price slashed from 52-weeks high…
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Netflix (NASDAQ: NFLX) stock price extends the bearish trend amid traders concerns over rising competition. The prospects for increasing competition from Walt Disney (NYSE: DIS) and Apple (NASDAQ: AAPL) have erased a lot of value from NFLX stock price. The stock price plunged below $300 level last week. Its shares formed a bearish trend since…
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Broadcom (NASDAQ: AVGO) stock price has breached $300 mark twice in fiscal 2019. However, it fails in sustaining the upside momentum. Its shares are currently trading in the range of $280 – with a 52-week trading range of $208.23 – $323.20. Market pundits, on the other hand, are bullish about the future fundamentals of Broadcom….
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Qualcomm (NASDAQ: QCOM) stock price rallied more than 40% in the last six months. The stock had recently hit 52-weeks high of $90 a share. It is currently trading around $76 a share. Despite substantial price rally, Wall Street analysts and big banks are bearish about its upside potential. The majority of analysts believe that…
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Micron (NASDAQ: MU) stock price regained momentum after experiencing steep selloff during the final quarter of last year. The stock price remained volatile throughout the first half of this year amid concerns over stiff competition and DRAM related downturn. Although Micron stock price rose 29% in the past three months, the price is still down…
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Starbucks (NASDAQ: SBUX) stock price rallied more than 80% in the past twelve months. The bullish trend is supported by growing financial numbers. Its strategy of launching innovative products along with expansion in the U.S. and China helped it in generating robust financial numbers. Starbucks stock price is currently trading at an all-time high of…
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Tesla (NASDAQ: TSLA) stock price lost 31% of value since the start of this year amid concerns related to trade tensions and rising competition in the EV industry. The stock is currently trading slightly higher from $200 level. China has been imposing tariffs on automakers in response to big tariffs from the U.S. on Chinese…
