3 Undervalued Technology Stocks With Big Rebound Potential

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 52 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 53%

ASML Holding NV ADR أخبار

Alphabet Inc Class C,Paypal Holdings Inc

Stocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: ASML Holding NV ADR, Alphabet Inc Class C, PayPal Holdings Inc. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com

Backed by recent price action, Wall Street analysts feel comfortable boosting their valuations.has been the darling of the entire stock market since the aftermath of the COVID-19 pandemic, and most stocks in the space easily delivered double-digit rallies for investors. However, not all stocks in the sector are made—or treated—equal, which is where investors can find some new opportunities to exploit in a catch-up strategy.

Those at Mizuho Financial took the lead last quarter when boosting their valuations for PayPal stock up to $90 a share. Still, after a sharp rally to get there in record time, new valuations have been placed on the company. This time, Mizuho wants to see PayPal at $100 a share and reiterated an Outperform rating on the company as well.

Confidence can be justified further by today’s Wall Street earnings per share forecasts for PayPal, which shoot for $1.30 a share in 12 months. This implies a growth rate of 9.2% from today’s $1.19 level.After a more than 12% sell-off in Google's parent company, Alphabet, investors forgot how vital this company is to the global economy and how likely it was to pose a recovery rally shortly thereafter.

After a disappointing quarterly earnings release, shares of ASML dropped by as much as 16% in a single day, though today’s prices might not remain there for long. Investors can dismiss the previous bearish momentum mainly because the stock’s valuation multiplies.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 450. in SA
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

China’s Tech Stocks Surge: What Top Investors Know That You Don’tStocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: Nasdaq 100, Alphabet Inc Class A, Baidu Inc, Amazon.com Inc. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

3 Technology Stocks Set to Outperform This QuarterStocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: CoStar Group Inc, Cyberark Software Ltd, SentinelOne Inc. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

Spotify: Optimism Rises as Options Traders Eye Major Stock Upside Before EarningsStocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: Nike Inc, Netflix Inc, Lululemon Athletica Inc, The Technology Select Sector SPDR® Fund. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

Boeing Stock: Should You Buy, Sell, or Hold Ahead of Earnings?Stocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: Boeing Co, Northrop Grumman Corporation, Lockheed Martin Corporation. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »