Reasons for the rise in Loves' stock price ๐๐
Loves is a unique IPO company that deals with essential connection solutions for AI infrastructure. It may be a bit exaggerated, but Loves' stock price rose by +10 percent just yesterday, which is only the beginning. The candlestick chart has been reversing since last week, with strong buy orders being generated. However, since it went up yesterday, I don't know what will happen today, but I still expect it to continue to rise after September.
The reason why I personally support Loves is due to its partnership (collaboration) with nvidia, unlike other companies' ipos. The stock rose yesterday in response to nvidia's strong financial results. In addition to nvidia, there are partnerships with other companies such as AMD, AMZN, and INTR. Recently, it was reported that nvidia's GB200 and Blackwell processors, according to Loves' CEO, directly impact AI space companies and Loves. The stock price is currently around $50, but analysts have raised their targets, with ZACKS reporting a potential increase to $115 by mid-October.
The stock price fell due to lock-up expiration and selling by directors, causing a significant decline, but this is common with IPOs and was expected, so I was able to buy a large amount near the bottom around $36 (it won't drop further than the IPO price). I intend to continue buying shares of Lovez, which will rise even in the uncertain market of September to October.
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ใใใใ : I really think it's the next NVDA.
tm_speedstyle371 OP ใใใใ : I invested quite a bit , probably doubling soon.
Kimihiko : Recommended by Mr. Takao Hirose. It seems that NVIDIA is favoring it. Without the technology here, it seems that the GPU is asleep.
tm_speedstyle371 OP Kimihiko : ๆ้ฃใๅพกๅบงใใพใใใใฎ้ใใงใ
ใใใใกใใ-1120 tm_speedstyle371 OP : Nice to meet you, and I wonder if I should buy it little by little... I think! Thank you in advance ^^*
Thank you very much for the great article (><) (<)
I'm new to stocks
182076928้ฌผๅนณ : It's very confident, isn't it, Mr. Oihei!
I will refer to it. Thank you very much.
ใถใผใตใค : I am referring to it! I bought the index at 36!
tm_speedstyle371 OP ใถใผใตใค : Thank you very much. That's amazing.