Multiple Plays The Markets Are About To Notice
Posted: Apr 03, 2024
- **Micron ($MU)** is a strong play due to its supportive role in AI storage. - Short term estimate for Micron is $200+ before settling around $180 in 6 months. - **SPY and IVV** are solid ETF plays with tech company holdings and expected growth. - Short term estimate for SPY is $530 by end of next week, long term EOY target is $600+. - **NVDA** has potential for growth with new partnerships and sales. - Short term target for NVDA is $1,400-$1,500. - **AMD** has a bright future with a new hire from Oak Ridge National Laboratory. - Short term target for AMD is $275, with a long term steady rise to $250. - **eVTOL companies** like **Joby Aviation (JOBY) and Archer Aviation (ACHR)** are long-term plays with promising technology. - FAA approval is needed before eVTOL companies can make income from sales. - Joby and Archer have made deliveries to military installations and plan to deliver more. - Short term target for eVTOL companies is not meaningful, only expected to go up in the long term.
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