Stock Groups

Top analysts are bullish on stocks like Intel & SolarEdge

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Expedia was displayed at the International Tourism Trade Fair Berlin.

Fabrizio Bensch | Retuers

Stock market volatility has been caused by uncertainty about inflation, geopolitical tensions and the possibility of Federal Reserve rate rises.

All major indexes are now at a record second consecutive weekloss and conflict between Russia and Ukraine continues to brew.

The best advice for investors is to have a long-term view and some guidance. TipRanks tracks top-performing analysts and shows which picks are the most popular even during turbulent times.

These Wall Street professionals are spotlighting five stocks.

Cloudflare  

Cloudflare (NETThe cybersecurity industry is booming with a new player, namely ), It has seen retention rates rise and customers have been acquired, as evidenced by its earnings report. (See Cloudflare Earnings DataTipRanks 

Alex Henderson of Needham & Co. wrote that Cloudflare’s “strong technology is capable of solving critical problems and facilitating growing technology trends.” According to him, investors should buy and keep NET, despite the volatility in valuation and interest rates. This name is a conviction of ours. 

Henderson reiterated the Buy rating and set a $245 price target for the stock.  

Cloudflare’s impressive earnings performance in the last quarter was also noted by Henderson. This included accelerating revenues, and an increase in guidance that exceeded Wall Street consensus estimates. Henderson believes that the guidance is conservative, and ready for revenue wins moving forward.  

Cloudflare is currently in its own space, according to an analyst. He said that Cloudflare “is pivoting from network investments and a freemium model customer capture to the development of deep service functionality.”  

TipRanks rates Henderson No. From more than 7,000 analysts, Henderson was rated No.66. He was successful in rating stocks 66% of all the times and has averaged 35.3% return on every one.  

Expedia  

Companies like Expedia (EXPELast year was different. Another wave of cancellations related to pandemics was caused by Covid-19’s omicron version. But, stock looks poised to have a good summer.  

Brian Fitzgerald from Wells Fargo believes so, and projects a recovery in demand as the omicron worries subside. The positive quarterly earnings were posted by the company despite the slowdown in late-2021 travel. (See Expedia Website TrafficTipRanks 

Fitzgerald gave the stock a Buy rating and bullishly increased his price target from $225 to $250.  

Although there were more cancellations than usual during holidays, the impact on Expedia’s financial position was minimal. Expedia also saw a smaller impact from the wave than the previous delta variation. If the current pattern continues, this may calm investor fears.  

His tone was positive and confident. He wrote that EXPE continues to be our favourite play for the sector’s recovery. The analyst believes that the summer could prove to be lucrative for both city and international travelers.  

Important to remember that uncertainty caused by Covid-19 may cause volatility for the short-term. However, Fitzgerald noted that the company has made significant progress “across key initiatives — streamlining brand strategy and tech platforms, and accelerating the pace of innovation/execution.” Expedia will increase its loyalty program’s catalyzing potential in the long term, Fitzgerald said.  

Fitzgerald is the No.1 financial analyst out of more than 7,000. 105. Stock picks by him have always been right 59% of time and they’ve averaged an average return of 41.1% each.  

Coursera  

Coursera (COURThe online platform for adult education (called ) was listed during the last pandemic but has seen its share price plummet since then. Its margins remain strong and it continues to grow its business.  

Scott Devitt, of Stifel, recently mentioned Coursera’s quarterly earnings. The company beat Wall Street consensus revenue estimates and the 2022 guidance. This was due to high Coursera Plus subscriptions as well as an increase in demand for career-oriented specializations certificates and specializations.  

Devitt gave the stock a Buy rating and raised his price target from $25 to $26.  

Devitt wrote about the recent shift towards Coursera’s offerings and noted that it management expressed “increasing faith that the shift toward lower-cost content from industry partners is unlikely to meaningfully reverse given current trends. This implies material upside for the long-term Gross Margin potential of the company.”  

Coursera’s macro trend is that users are gravitating more towards the high-margin content of industry partners than to the less expensive content for educators. (See Coursera Stock ChartsTipRanks 

Even though there were some issues, like the less employee-friendly labor market removing Coursera users, Coursera still has a large addressable market and is a market leader in its sector.  

Devitt is No.1 among the more than 7,700 expert analysts listed on TipRanks. 356. His stock rating success rate was 52%. He averaged 24.1% per rating. 

Intel  

Intel (INTCAlthough it is the biggest semiconductor company by revenue, it still ranks behind many large companies in terms of the complexity of its chips. It has increased its infrastructure and its business model ever since the arrival of its CEO about a year back. The company recently declared it would be expanding its operations. buy chipmaker Tower Semiconductor.  

Quinn Bolton of Needham & Co., wrote in a report that the agreement is valued at about $5.4 billion and will “bring a broad range of specialty process nodes to [Intel Foundry Services]These complement Intel’s sophisticated node processing capabilities.” (See Intel Dividend DataTipRanks 

The analyst stated that Buying Tower would add seven manufacturing plants to Intel’s existing production capacities as well an “established findry ecosystem” as well as a customer base. 

Bolton assigned the stock a Buy grade and set an average price of $60 per share.  

Intel is undergoing a major transformation in its business model. The long-term projections are promising, despite Intel’s near-term challenges of tight gross margins due to heavy infrastructure and M&A investments.  

Bolton is ranked No.1 in TipRanks’ database of over 7,000 analysts. 2. He is a successful stock rating expert 79% of all the times. Each stock he rates has been returned an average of 82.5%.  

SolarEdge  

Oil and gas prices are on the rise. This makes alternative energy more important. SolarEdge (SEDG() has recently reported quarterly earnings, and currently experiences strong demand.  

The highest demand for SolarEdge photovoltaic panel is found in Europe. According to Mark Strouse, JPMorgan, this is because of rising fossil fuel prices, corporate-level clean energies targets and government initiatives. (See SolarEdge Risk AnalysisTipRanks 

Strouse considered the stock to be a Buy and declared a target price of $328.  

According to the analyst, SolarEdge’s industrial and commercial business segments will soon hit an inflection point due to a rise in demand. The analyst also expects SEDG’s narrow gross margins will increase once it ramps up production in Mexico. This will significantly reduce transportation costs. This contrasts to high shipping costs between Asia and the U.S. 

In Asia, the company’s Vietnam plant is seeing a rebound after being shut down by pandemics.  

Strouse stated that the stock could start to outperform solar peers once it expands its global reach and vertical capabilities.  

Strouse, out of more that 7,000 experts analysts, ranks No. 399. Stock selections were correct 52% of times. He returned on average 40.3% each time.

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