Gandalf the Grey analyzes how select technology and paper stocks, battered and bruised, may yet rise again in the latter half of this year, offering hope like a light in the darkest depths of Moria.
Gandalf the Grey analyzes how select technology and paper stocks, battered and bruised, may yet rise again in the latter half of this year, offering hope like a light in the darkest depths of Moria.

A Shadow of Doubt Has Fallen...Or Has It?

Hoom! Well met dear investors! Gandalf the Grey here returned from whence I was never sent (thank you Radagast for the 'urgent' squirrel message). It seems Middle earth's… er your Wall Street has been facing trials worthy of Mordor itself! But fear not for even in the deepest darkness a star shines. The stocks they stumble like Hobbits in high heels but some analysts believe they might just find their way to the Grey Havens of profit. A bombing in Iran you say? It sounds like something Sauron would conjure to make the stocks plummet. Yet like the Eagles swooping in at the last moment the market has shrugged it off. Perhaps this Tom Lee speaks with a wisdom akin to Elrond himself. Time will tell!

The Beaten Down Battalion: A Fellowship of Falling Fortunes

Ah the S&P 500! A grand fellowship of stocks some fair some foul but all seeking to carve their own destiny. We delve into the stocks that have taken a tumble at least 5% down like a Dwarf after too much ale. But they are not out for the count yet oh no. The wise analysts akin to the Istari of Wall Street see potential. Buy ratings from 60% of these wizards and expected earnings growth of 10% are required as well as an upside to average price target of at least 25%. It is like finding Mithril in the depths of the mountain. The criteria are strict but the rewards could be great.

Arista Networks: Not All Those Who Wander Are Lost

Arista Networks a cloud stock caught in a tempest! Down 17% it seems like poor Bilbo after his encounter with the Trolls! Yet 79% of analysts see a bright future. Morgan Stanley wise as Gandalf himself maintains an overweight rating. 'Not expecting to get meaningful resolution to arguments on AI webcast later this week but do see attractive setup to the 2H and remain OW' said the analyst Meta Marshall. It seems hope remains for this technological marvel.

First Solar: One Does Not Simply Walk Into Profitability...Or Can They?

First Solar a manufacturer of solar technology has plummeted 18%. 'Aiya Eärendil Elenion Ancalima!' I say for the darkness seems to consume this company like the shadow of Mordor. But hark! Analysts foresee a potential rise of 40%. Jefferies upgraded the name to a buy rating from hold calling it the 'only game in town'. After the Senate's version of President Donald Trump's tax bill cut out incentives for the renewable energy industry it will be interesting to see where First Solar goes from here.

Fiserv: Fly You Fools! (To the Bank)

Fiserv a financial technology company has also stumbled 17%. Yet 87% of analysts see positive prospects. They predict a potential rise of 29%. Shares of Fiserv gained 4.4% after announcing plans to broaden its operations in the stablecoin industry. Fiserv will be partnering with Circle and PayPal to broaden its operations. Perhaps this is the 'precious' they seek a way to return to the light from the darkness.

A Wizard's Conclusion: Keep Your Eyes Open!

My dear investors remember: 'All that is gold does not glitter not all those who wander are lost.' These are perilous times but also times of great opportunity. Keep your eyes open trust your instincts and may the luck of the Shire be with you. Now if you'll excuse me I have a Balrog to… negotiate with.


Comments

  • No comments yet. Become a member to post your comments.