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Benzinga has examined the prospects for many investors’ favorite stocks over the past week, here’s a look at some of our top stories.
The markets maintained an upbeat tone this week, as the S&P 500 notched its fourth consecutive weekly gain, adding 3.26% for the week. The Dow Industrials also had a positive week, closing 2.92% higher, while the Nasdaq Composite advanced by 3.08%.
The momentum came as the Labor Department reported the consumer price index gained 8.5% in July, below economist estimates of 8.7%. The week was capped off by the House approving the Inflation Reduction Act, a $480-billion legislative package that includes funding for climate change initiatives.
Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are a few of this past week’s most bullish and bearish posts that are worth another look.
The Bulls
“Kevin O’Leary Just Bought Nvidia Stock And Plans To Buy Palantir Next: Here’s When And Why He’s Bullish,” by Adam Eckert, looks at why “Shark Tank” investor Kevin O’Leary bought NVIDIA Corporation NVDA shares on the recent pullback.
“This Stock Is ‘Only Asset We Want To Own’ In Media, Analyst Says While Forecasting 40% Return For A Juggernaut,” by Shanthi Rexaline, explains why an analyst raised his price target on Walt Disney Co. DIS this week, suggesting an upside of 37% for the stock.
“AMC, GameStop Are Running Again: What’s Behind The Latest Meme Stock Rally?” by Wayne Duggan, investigates the factors driving up share prices of Bed Bath & Beyond Inc BBBY GameStop Corp. GME and AMC Entertainment Holdings Inc AMC this week.
For additional bullish calls of the past week, check out the following:
Ethereum Merge Date Gets Moved Up By 4 Days: Why The Change Is Significant
The Bears
“Elon Musk Reveals He Sold Tesla Shares Last Week To Prepare For An ‘Unlikely’ Event,” by Shivdeep Dhaliwal, reports on the number of Tesla Inc TSLA shares sold by CEO Elon Musk, in the “hopefully unlikely” case that the Twitter Inc TWTR buyout deal is closed.
“BlackRock’s CEO Just Dumped $20M In Shares: Here’s What Happened The Last Time He Did It,” by Chris Katje, explores what the recent stock sale by BlackRock Inc BLK CEO Laurence Fink may be foreshadowing for the markets.
“Ford To Raise Price Of 2023 F-150 Lightning By Up To $8500: Here’s Why,” by Dylan Wechsler, explains why Ford Motor Company F decided to hike the price of its EV pickup truck, the F-150 Lightning.
For more bearish takes, be sure to see these posts:
Jim Cramer Is Avoiding This Entire Group Of Stocks: ‘They Break Your Heart Too Many Times’
Apple, Amazon To Throw ‘Insane Money’ At Streaming: Sell Netflix, CNBC’s Josh Brown Says
Mark Cuban Says Buying Metaverse Land Is ‘The Dumbest S**t Ever’
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Image and article originally from www.benzinga.com. Read the original article here.