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3 More Hot Tech Stocks With Bullish Charts and Ample Upside
MarketBeatยท 2025-10-15 16:24
Group 1: Technology Sector Overview - The technology sector is experiencing strength due to accelerating AI adoption, capital inflows, and renewed investor confidence [1] - Several stocks are showing bullish chart patterns and active catalysts, indicating potential for triple-digit gains in the near term [1] Group 2: Advanced Micro Devices (AMD) - AMD's stock price surged by 30% to $234.50, driven by its deal with OpenAI, positioning AMD as a critical provider of AI infrastructure [2] - The stock could advance further, potentially reaching $295 to $310, depending on upcoming catalysts and earnings releases [3] - Analysts forecast AMD will outperform the consensus 28% revenue growth, with significant growth expected from the MI450 product line [4] Group 3: Super Micro Computer (SMCI) - SMCI's stock price is showing signs of recovery, with institutional buying at a ratio of greater than $3 to $1 following a positive Q2 report [6][7] - Upcoming earnings are anticipated to reflect a growing pipeline of data center deals, which could lead to a quick 20% upside if resistance levels are broken [7] Group 4: Quantum Computing, Inc. (QUBT) - Despite challenges, QUBT's stock is on track to hit new highs, aligning with positive movements in other quantum stocks [9] - Analyst sentiment is improving, with a consensus predicting a 20% upside, although institutional support remains light [10]