Matthew Timpane, CMT

Unity Software (U) is a best-of-breed, content-creation engine for video game development, with key partnerships that include Microsoft, Apple, Nintendo, and Sony. Unity Software has seen its fundamentals stabilize thanks to conservative 2024 guidance. That sets the company up for potential upwardly revised forecasts in future earnings reports, writes Matthew Timpane, editor at Schaeffer’s Investment Research.

Chipmaker Taiwan Semiconductor Manufacturing (TSM) recently reclaimed the round $100 level, along with its 20-month moving average. Reclamations of the latter favor that the stock price will be higher by the end of 2024, as tests have proven to be buying opportunities in the past, says Matthew Timpane, editor at Schaeffer’s Investment Research.

Editor’s Note: Matthew Timpane, senior market strategist at Schaeffer’s Investment Research, also had the eighth best-performing recommendation from our annual “Top Picks 2023” Report through mid-year. The ecommerce and cloud computing giant Amazon.com (AMZN) produced a total return of 49.2% during the tracked period. I reached out to him recently for updated commentary and guidance on his “Terrific Ten” stock, and this is what he provided...

Editor’s Note: Matthew Timpane, senior market strategist at Schaeffer’s Investment Research, had the best-performing recommendation from our annual “Top Picks 2023” Report through mid-year. The software company MongoDB (MDB) produced a total return of 130.8% during the tracked period. I reached out to him recently for updated commentary and guidance on the stock, and this is what he provided...