Benzinga spent the past week examining the outlook for many investors’ favorite stocks, here’s a look at some of our top stories.
The S&P 500 ended the week at 0.83%, while the Nasdaq Composite ended 0.06% and the Dow Industrials closed 1.53% higher for the week.
Markets returned most of the strong gains that started the week as the Labor Department reported that the US economy added 263,000 jobs last month, exceeding the average economist estimate of 250,000 jobs.
Investors and economists are now looking forward to a possible fourth consecutive rate hike of 0.75% by the Fed in November.
Benzinga continues to examine the outlook for many of the stocks most popular with investors. Here are some of the most bullish and bearish posts from the past week that are worth revisiting.
“Why Shark Tank Investor Kevin O’Leary Plans to Keep Buying Nvidia Stock ‘The More It Gets Crushed’”, by Adam Eckert, looks at why Kevin O’Leary plans to change its position in NVIDIA Corp NVDA even though the stock has fallen more than 55% since the beginning of the year.
“Why This Twitter Analyst Is Raising the Stock’s Price Target,” by AJ Fabino, describes why Rosenblatt Securities set its price target on Twitter Inc TWTR awaiting Elon Musk completing its takeover of the microblogging platform.
In “’Greater Competition in Traditional Gaming’: Microsoft Says Sony and Nintendo Will Benefit from Activision Acquisition,” Chris Katje writes that Microsoft Corporation MSFT launched a new page to provide information on the planned acquisition of Activision Blizzard, Inc. ATVIA.
Check out the following for additional bullish calls from the past week:
NYSE just had 2 consecutive 90% up days. The last time that happened in 2013, here’s what happened next
GameStop Rises Higher On Recognition Of This Bullish Pattern: Here’s What To Watch
Bitcoin Holders Might Love A McDonald’s Location In This Country Now Accepting The Crypto
Tesla Shares Will Continue to Be Under Pressure After Twitter Deal News, Analyst Says – Unless Elon Musk Provides Clarity, Explains Shanthi Rexaline Why Future Fund Analyst Gary Black say Tesla Inc TSLA stocks are likely to continue to underperform as long as the Musk/Twitter deal keeps moving.
In “Apple Watch user says he ended up in the emergency room after his gadget exploded,” Ananya Gairola writes that a apple inc AAPL Watch user reportedly ended up in an emergency room after his device malfunctioned and eventually exploded.
“Ford raises F-150 Lightning price by 11% to mitigate inflation, supply chain blows: Here’s the new price tag,” by Bhavik Nair, details Ford Motor Company’s f plans to increase the price of its F-150 Lightning Pro electric truck by nearly 11%
Check out these posts for more bearish takes:
‘Big Short’ Investor Michael Burry On How Today’s Market Is Different From Dot-Com Bubble Burst: ‘The Only Way Out Is To Trample’
With Weed Prices Falling, Colorado Cannabis Growers Want To Stop New Licenses
Billionaire VC Chamath Palihapitiya Sells Clover Health Stock: Is He No Longer Bullish?
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