© Reuters. Benzinga Bulls And Bears Of The Week: Disney, Tesla, Twitter, Apple, Alibaba And This Crypto Should Shoot 3200% Higher
Benzinga has reviewed the outlook for many investor-favorite stocks over the past week, while offering 24/7 news feed, live chat and charting software on Benzinga Pro.
Markets ended a short holiday week on the downside, with a worrying inflation report and a string of big bank earnings announced to kick off the earnings season.
The saw a slight drop of 0.8% this week, while the was the most affected of the three major indices, down 2.6%. The S&P 500 ended the week with a loss of 2.1%.
Meanwhile, the 10-year Treasury yield rose 12 basis points to 2.83%, marking the highest level since late 2018, and oil futures rose nearly 9% to 106 $.95 a barrel last week.
Benzinga continues to review the outlook for many of the most popular stocks with investors. Here are some of the most bullish and bearish messages from the past week that are worth revisiting.
The Bulls “This upcoming catalyst could send disney Shares ‘Off To The Races’, by Adam Eckert, outlines why Jim Lebenthal of Cerity Partners thinks The Walt Disney Co (NYSE:NYSE:) will deliver a strong first quarter report, which he says will drive up company stock.
In “Why Cathie Wood Is Still Bullish On Tesla Amid Recession Fears, Shanghai Production Hit,” Rachit Vats explains why Cathie Wood continues to remain bullish on her major holding, Tesla Inc (NASDAQ: TSLA), despite fears of a U.S. recession and the recent closure of Giga Shanghai due to citywide shutdowns
“Bull Gokhshtein Sees Shooting Up A Huge 3,200% From Here,” by Samyuktha Sriram, explains why David Gokhshtein, CEO of crypto-media company Gokhshtein Media and PAC Protocol (CRYPTO:PAC), has a $0.001 price target for the Shiba Inu meme coin (CRYPTO: SHIB).
For other bullish calls from the past week, check out the following:
“It’s a buy signal”: Why Kevin O’Leary just bought Ali Baba (NYSE:), Tencent (HK:) and Meituan shares
This Investor Plans To Hold Bank Of America Stock Through Earnings Despite An Expected Drop: Here’s Why
Why American Airlines (NASDAQ:) Could Fly 50% Higher on This Uptrend
The Bears “Why Cathie Wood’s Ark Has Substantially Reduced Its Twitter Stake”, by Shanthi Rexaline, examines why Ark Invest, the fund managed by Cathie Wood, has gradually reduced its position in Twitter Inc. (NYSE: NYSE:) year-to-date.
In “Ditch Apple, Google and Buy Stocks in These Sectors Instead, Says Cramer,” Shivdeep Dhaliwal explains why CNBC’s Jim Cramer tells investors to avoid FAANG and Big Tech stocks such as Apple Inc (NASDAQ:NASDAQ:) and Alphabet Inc. (NASDAQ: NASDAQ:) (NASDAQ: GOOG).
“Is Charlie Munger’s patience wearing thin? Daily Journal halves Alibaba’s holdings in Q1,” by Shanthi Rexaline, explains why the Daily Journal, a hedge fund run by Charlie Munger , reduced its position in Alibaba Group Holdings, Inc. (NYSE: BABA).
For more bearish takes, be sure to see these messages:
Michael Burry of ‘The Big Short’ Fame Takes Note of Rising S&P 500 Price-to-Sales Ratio
Jim Cramer sheds light on the missing piece of the departure of the CFO of PayPal (NASDAQ)
How Amazon (NASDAQ:), Disney and others are beating Netflix (NASDAQ:) at its own game: analyst
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