Internet of Things (IoT) refers to the network of interconnected devices, sensors, and objects that can communicate and share data over the internet. These devices range from smart thermostats and wearable fitness trackers to industrial machines and autonomous vehicles. IoT technology uses real-time data collection, analysis, and automation, turning separate products and services into a connected system centered around each individual. Internet of Things (IoT) companies operate in a rapidly growing field with many applications, offering opportunities for efficiency gains, data-driven insights, cross-industry collaboration, and the potential for market disruption, all of which are appealing to investors seeking growth and innovation.
i am expecting STM stock to make a decent bounce to $30+/- in the near future.
After that, i think there could be one final drop before we see $42 again.
Good luck.
Do your own due diligence.
i am not a financial analyst. i just look at the chart and make a forecast.
Is not a grow Stock nor a cyclical Stock at all.
It drop faster than it up.
The more you buy this STM Stocks, the more your money got stuck and the more you lose money when the price drop, you Sell.
The bad guy is trying to bring down the price in order to buy and got stuck there, instead of letting it grow for others to sell and earn.
Is a buy now
Election results released.
STM will start rise Super high and continue for the next few days if everyone continue buying.
If STM every time produce good earning reports, stocks will continually increased as well.
I also added shares of STM ( $STMicroelectronics (STM.US)$ ). I decided to add shares of semiconductor producer due to high demand in semiconductors.
My Top Winner is still Tencent (+56%) since acquisition.
Many people have stucked and regreted after buying. Is best stop buying till there are good news.
Election results will trigger up to $45.00?
Is it the right time to buy now before the price getting higher?
Why many Websites Forecasting positive and will increase more than 50% from now?
It seems like many are buying in now at any price. The company is cash rich. Can easily buy back the entire shares. I think $26, will start buy back and up the price.
Probably will hit $45.00 and beyond.
i looked at STM stock chart and I think the bottom is near.
it is worth taking a bet very soon when the potential profit is very good in the short term.
Do your own due diligence.
I am not a financial advisor.
Good Luck!
No comment yet