Benzinga has spent the past week examining the outlook for many of investors’ favorite stocks.
Last week’s bullish calls included a 3D printing technology company and a popular ride-sharing company. A tech giant and a merchandise store chain were among the bearish calls seen.It was another down week for the markets as all three major indices ended in the red after Friday’s sell-off. The Dow index fell about 2% for the week, its fifth consecutive weekly loss. The S&P 500 was down 2.9%, while Nasdaq Composite lost 3.5% for the week, marking the fourth weekly loss in the past five weeks for both indexes.
Next week could bring more volatility as the Federal Reserve meets next Tuesday and Wednesday to vote on an expected rate hike. Fed futures indicate a 96% chance of a 0.25 percentage point rate hike.
Meanwhile, oil prices rose this week and Brent Crude futures were up 3.1% to $112.67. Earlier in the week, they traded above $127.
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.
the bulls
“Cathie Wood bought another $70K in this 3D printing partner from Elon Musk-Led SpaceX on Friday,” explains Rachit Vats, explaining why Cathie Wood’s Ark has added Investment Management to its position in Velo3D Inc. VLD, a 3D printing technology company that counts Tesla. Inc TSLA CEO Elon Musk’s SpaceX among his key customers.
In “Uber Analyst Bullish After Guidance Update, Rising Gas Prices Say No Threat,” Wayne Duggan writes that a Bank of America analyst remains optimistic about Uber Technologies Inc’s UBER outlook amid rising gas prices, and expects it to share will respond favorably to any resolution of the conflict between Russia and Ukraine.
“BofA Is Upbeat About Disney, While MoffettNathanson Is A Little Defensive – Read Why,” by Anusuya Lahiri, highlights two analyst perspectives on The Walt Disney Co DIS as the company’s Parks division will see a spike in activity in the new fiscal year.
Check out the following for additional bullish calls from the past week:
Why this data analytics company’s ‘high growth’ is likely to continue
Why Are Company Insiders Buying These 7 S&P 500 Stocks?
Why SoFi Technologies Stocks Look ‘Very Attractive’ Below $10
the bears
“Why This Bed Bath & Beyond Analyst Thinks Ryan Cohen’s Plan May Not Work: ‘Pivot In Strategy Won’t Fix This Business,'” explains Shanthi Rexaline, why an analyst at BofA Securities has fueled the enthusiasm of investors in Bed Bath & Beyond Inc does not share BBY and maintained an underperform rating for the stock.
In “Apple Won’t Launch Next Mac Mini Until 2023, Analyst Says,” writes Madhukumar Warrier that a prominent analyst predicted that Apple Inc. AAPL may not launch new mini LED products this year due to cost considerations.
“Rivian Q4 Results: Earnings And Sales Miss, 909 Vehicle Delivery And More,” by Chris Katje, looks at fourth quarter financial results announced by Rivian Automotive Inc. RIVN, which led to a further decline in company shares.
For more bearish takes, check out these posts:
GameStop’s Downtrend Continues: Will Key Support Zone Keep?
Here’s Why Jack Ma Led Alibaba Affiliate IPO Was Delayed Indefinitely
Why DocuSign Shares Keep Shifting Today
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This post Last Week’s Benzinga Bulls & Bears: Disney, Uber, Velo3D, Bed Bath & Beyond, Apple, Rivian & More was original published at “https://www.benzinga.com/trading-ideas/long-ideas/22/03/26062894/benzinga-bulls-and-bears-of-the-past-week-disney-uber-velo3d-bed-bath-beyond-apple-rivia”
