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ChatGPT picks 2 stocks to turn $100 into $1,000 by 2026
Finbold· 2025-05-25 08:57
Core Viewpoint - OpenAI's ChatGPT has identified two stocks, Riot Platforms and AppLovin, as potential candidates for turning $100 into $1,000 by 2026, despite the high-risk nature of such investments [1] Group 1: Riot Platforms (NASDAQ: RIOT) - Riot Platforms is a leading Bitcoin mining company that is aggressively expanding its mining capacity with a goal to increase its hash rate by the end of 2025 [2] - The stock price of Riot Platforms is highly sensitive to Bitcoin's price movements, which can lead to significant gains if Bitcoin surges [3] - As of the latest trading session, RIOT was priced at $8.55, reflecting a 4% decline for the day and an 18% drop year-to-date [3] Group 2: AppLovin Corporation (NASDAQ: APP) - AppLovin specializes in marketing and monetization solutions for mobile applications and has received a consensus "Strong Buy" rating from analysts [5] - The company reported earnings of $1.67 per share, exceeding expectations of $1.45, and generated $1.48 billion in revenue, surpassing the $1.38 billion estimate [6] - AppLovin's stock was trading at $354, up 0.8%, with a year-to-date gain of over 3% [7]
Analysts update Nvidia stock price target ahead of Q1 earnings
Finbold· 2025-05-24 18:50
Group 1 - Wall Street remains largely bullish on Nvidia ahead of its fiscal Q1 earnings report, with analysts expecting revenue of $43.38 billion, a 66% year-over-year increase, and adjusted net income of $21.29 billion, driven by AI leadership [1] - Nvidia shares are currently holding above the $130 support level, closing at $131.29, with a year-to-date decline of 5% [2] - Despite geopolitical challenges related to China, analysts maintain a positive outlook for Nvidia [3] Group 2 - Bank of America Securities analyst Vivek Arya reiterated a 'Buy' rating with a $160 price target, acknowledging potential $15 billion revenue impact from China but noting that the market has priced in only a fraction of this risk [4] - Stifel's Ruben Roy maintained a 'Buy' rating and raised his price target to $180, expecting Q1 results to meet expectations and a second-half rebound due to supply chain improvements [5] - Oppenheimer's Rick Schafer reaffirmed an 'Outperform' rating with a $175 price target, expecting Nvidia to exceed Q1 estimates driven by strong production and smooth rollout of Blackwell chips [6] Group 3 - Cantor Fitzgerald's Christopher Muse maintained an 'Overweight' rating with the highest price target at $200, emphasizing Nvidia's resilience despite an expected $15 billion hit to China-related data center revenue [8]
U.S. Congressman just invested $250k in this stock
Finbold· 2024-10-16 13:10
Group 1: Investment Activity - Michael McCaul, a congressional representative, invested between $100,001 and $250,000 in Howmet Aerospace (NYSE: HWM) on September 16, when shares were priced at $94.59 [1] - Since McCaul's purchase, HWM shares have increased by 10.12%, and the Congressman could potentially gain between $10,120 and $25,300 from this trade [1][2] Group 2: Company Overview - Howmet Aerospace is a significant supplier for major contractors, including Lockheed Martin (NYSE: LMT), providing titanium and involved in a legal dispute over supply prices settled on May 3 [2] - The company is not a direct defense contractor but benefits from increased defense spending amid geopolitical instability and upcoming elections [2] Group 3: Market Sentiment and Analyst Ratings - Wall Street analysts are cautiously optimistic about HWM, with a consensus rating of 'Strong Buy' from 17 equity researchers [4] - Deutsche Bank analyst Scott Deuschle raised the price target for HWM from $106 to $125, anticipating an earnings beat and increased guidance in the upcoming earnings call on November 6 [4] - The average price target for HWM is $109.36, indicating a potential increase of 5.24% from the current share price [4]