3 Oversold Tech Leaders Showing Fresh Signs of Life - 12/20

Company: Nvidia remains one of the market’s most important bellwethers for AI infrastructure spending. After a sharp pullback, the stock began to carve out what looks like a durable base, testing support multiple times since September and recently starting to pivot higher.

Nvidia is also benefiting from a supportive sell-side backdrop. Barclays, for example, has reiterated a constructive stance in recent months, emphasizing Nvidia’s long-term growth runway in data-center AI, with additional “edge” opportunities (think automotive and robotics) reinforcing the strategic story. That matters because, in a risk-on tape, large institutions tend to crowd into the clearest category leaders.

With NVDA recently trading around $174, the next major “tell” is whether it can build follow-through and retest the psychologically important $200 level.

Risks to keep in mind:

• Paradigm Press

  A Backdoor Play on Starlink’s IPO for Less than $100?

  Whenever Elon Musk goes “all in” on something, it always generates HUGE excitement and opportunity.

  His latest project, Starlink – with its mission to provide satellite Internet to every corner of the globe – is no exception.

  And one man says it will soon go public, at an estimated $100 BILLION valuation.
  

  This backdoor play lets savvy investors like you engage with Starlink’s promise without the need for direct initial IPO access.

  Click here to learn how.

  Company:  Oracle is another name showing signs of regaining momentum after getting punished in a swift downdraft. The selloff created a classic “oversold + catalyst” setup: weak hands exit, technicals become stretched, and then a credible headline arrives to change the short-term narrative. Oracle is also a direct beneficiary of improving sentiment around AI infrastructure demand more broadly. Even if investors debate the timing of revenue conversion and the burden of heavy capex, the long-term narrative remains centered on Oracle’s cloud and infrastructure ambitions and its ability to attach to large, multi-year AI workloads. Overweight rating and a $280 price target. Bank of America maintaining a $325 target. Barclays maintaining an $330 target. With ORCL recently trading near $180 after the selloff, oversold readings have been notable across multiple indicators. Risks to keep in mind: It's not in the Mag 7. And most people have never heard its name. Yet billionaire Warren Buffett is buying millions of shares.  Click here to see its name and ticker symbol for free. Amazon (SYM: AMZN) Amazon is quietly setting up as a 2026 rebound candidate, particularly as attention returns to AWS capacity, AI compute strategy, and potential strategic partnerships. Amazon is in talks to invest roughly $10 billion (or more) in OpenAI, potentially alongside an agreement involving Amazon’s AI chips. If that progresses, the strategic implications are significant. Beyond the capital itself, the “why” matters, Amazon wants greater leverage in the AI compute stack, including adoption of its Trainium/AI chip ecosystem, while OpenAI needs enormous infrastructure to fulfill its commitments. Meanwhile, on the core AWS story, price target on AMZN from $290 to $305, citing AWS capacity expansion, specifically the view that AWS could double capacity through 2027. That kind of framework can become a catalyst narrative because it ties directly to future AI demand and cloud growth. AMZN recently found support around $222. If that area continues to hold, the next step is a push through near-term resistance, including the 50-day moving average (recently around ~$229). Risks to keep in mind: Found this helpful? Share it with others. Share Article Written by Ian Cooper Our Flagship Publication Discover Great Companies Trading at a Discount Join Behind the Markets Previous AI’s Fastest-Growing Segment Is Quietly Exploding - 12/19 Next Gold Breaks Out: How Investors Can Position for 2026 - 12/21 How can I assist you?