Tag

52 Week High

All articles tagged with #52 week high

Intel Rises to 52-Week High as Onshore Chipmaking Push Meets Cautious Optimism
business1 month ago

Intel Rises to 52-Week High as Onshore Chipmaking Push Meets Cautious Optimism

Motley Fool’s podcast questions whether Intel’s stock run to a new 52-week high is justified by government backing and plans to bring advanced chipmaking onshore (18A and 14A) for AI applications. While the panel notes the potential long-term upside from a strengthened U.S. foundry and partnerships like NVIDIA, they warn that near-term profitability remains uncertain and the stock could remain volatile as Intel works to secure major customers and prove out its domestic manufacturing strategy.

"JPMorgan's Top Analyst Reveals 3 Favorite Picks for 2024, Including Amazon Stock"
finance2 years ago

"JPMorgan's Top Analyst Reveals 3 Favorite Picks for 2024, Including Amazon Stock"

Amazon stock reached a new 52-week high on the back of a bullish analyst note and a rise in tech stocks. Roth MKM raised its price target for Amazon and maintained its buy rating, citing expectations of accelerating revenue and expanding operating margins. The stock has been performing well since its strong Q3 earnings report and is expected to benefit from an improving macroeconomic environment. Despite a high price-to-earnings ratio, Amazon's profitable core businesses and cost-control efforts make it an attractive investment option.