Top Pick in the sector:
AAPL Target
$157-165
TSLA
Top PICK also
TARGET : $225-$299
BUZZFEED INC
Analysis:ChatGPT news is on fire and is a piece of Ai that is existing technology but still in research phase. Microsoft is investing billions of dollars in Open AI, expect several small companies like BZFD takeover this valuable Technolgy and take over the leadership, ChatGPT is Natural language model developed by Open Ai. Buzzfeed is best player in the sector. low float stock and its market cap may reach more than 2 billion in few months.The future of AI,Pushed forward by Sparrow and GPT-3
News
Buzzfeed Inc's (NASDAQ: BZFD) stock skyrocketed at one point trading up more than 280%. The stock opened Friday trading session up.
Wall Street Journal reported that Meta NASDAQ: META) is paying Buzzfeed millions of dollars to create content for Facebook, Instagram and other social outlets. Additionally, Buzzfeed's CEO said Thursday that the company will utilize Chat GPT and other AI tools to create comprehensive quizzes and other pieces of content for Buzzfeed.
The CEO, Jonah Peretti, said in a memo that Buzzfeed will remain committed to human-generated content in the newsroom for journalism, but that Chat GPT and AI tools can help the company create other types of content. Peretti sent out a memo to Buzzfeed employees Thursday outlining the new role of AI within the company.
Buzzfeed went public via a SPAC in December 2021. Since then, the stock has been under tremendous pressure, dropping from $10 to lows of $0.62 a share earlier this year. But, Thursday's price action is a welcome change for investors who see the $10-$25 target.
In fact, Thursday is the first time since June 2022 that Buzzfeed's stock has traded above $2.50 a share, currently closed Friday $3.89. It has tons of room to go up based on technical and fundamentals.
TOP STOCK PICKS:
AAPL, AIAD, TSLA, META, SPY, QQQ, BZFD, BBAI, BBAI/WS, and MGAM
META; Target $190-$250SPY: Will challenge $420, $225, $440APPL to $155-$195few gaps to FILL.TSLA: looking $190-$200 Resistance $200AIAD: $1-$5BBAI: $9BBAI/WS $2.5Alert: Five more stocks will be added on Monday
STAY TUNE____________________
TOP CALLS ON VARIOUS STOCKS:
AAPl: Feb 150-175 Calls
TSLA: July 190,200,220 ,250 ,270calls
SPY: 410,415,420,430 March calls
QQQ: 300, 325 March calls.
BZFD: 2, 3, 5, 7 1/2 calls July and Sep
BZFD: 3, 4, 5 Strike Sep calls
GOOGL: 100,110,125,150 Jan 2024 calls
Alert:BuzzFeed’s stock soars another 73% as analysts weigh in on AI shift and Meta deal
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