Benzinga Bulls and Bears of the Week: Apple, Tesla, Coinbase, Disney, General Motors, Harley Davidson, etc.
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.
Investors continue to navigate unpredictable economic conditions, with high gasoline prices, inflation concerns and the ongoing war in Ukraine remaining front and center. Major indexes ended March up, but ended the first quarter with their worst performance since the pandemic.
The Dow Industrials fell 4.6% in the first quarter, while the S&P 500 fell 5%. The Nasdaq fell even further, down 9.1% for the quarter. Last week, all three indices traded relatively flat. The Dow fell 0.1%, while the S&P 500 gained 0.1% and the Nasdaq rose 0.7%.
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.
“Tesla Mulls Stock Split: Why This Analyst Says It’s A Smart Strategic Move”, by Shanthi Rexaline, explains why a Wedbush analyst sees the potential stock split as a catalyst for Tesla Inc. TSLA Stock.
In “Why 2022 Is Off To A Good Start For Harley Davidson”, Priya Nigam writes that BofA Securities says Harley-Davidson Inc. PORK should have a good year in 2022, with rising fuel prices supporting increased demand for motorcycles, which continues to outpace supply.
Shanthi Rexaline writes on an analysis of the feasibility, viability and usefulness of Apple Inc. AAPL early subscription model for its hardware products, expected as early as late 2022 or 2023, in “How Apple Could Benefit from Moving to Hardware Subscription”.
For other bullish calls from the past week, check out the following:
Bitcoin Holders Surpass 40 Million for the First Time: What’s Sparking User Interest?
Why this investor is building a position in AMD
Ark Fund buys the first shares of this company linked to the metaverse; Cathie Wood Says “We’re Having Our Digital Twins”
“Why Ford and GM are suspending production at two Michigan plants next week,” by Rachit Vats, explains why General Motors Co. GM and Ford Motor Co. F will suspend production next week at a few factories in the Great Lakes State.
“Gender Neutral Greetings At Disney Parks? Rabbis Say Company Succumbed ‘To A Woke Mob'”, by Phil Hall, examines the reaction of an organization of Orthodox Jewish rabbis to Walt Disney Co’s SAY decision to remove all use of traditional gender identities at its theme parks.
In “Coinbase CEO Slams EU Over New Proposals For Bitcoin, Ethereum, Dogecoin Transactions; Parliament Passes It Anyway,” writes Shivdeep Dhaliwal. Coinbase Global Inc. PIECE OF MONEY CEO Brian Armstrong is concerned about the impact of an extension of anti-money laundering requirements, approved by European lawmakers on Thursday, regarding cryptocurrency transactions.
For more bearish takes, be sure to see these messages:
JCB Trucking Enterprises files for bankruptcy after FMCSA orders halt to operations
Tesla Suspends Solar Rooftop Installations; Supply chain issues may have pleased some customers
Analysts Agree: Federal Cannabis Legalization Unlikely to Happen Soon, Does the SAFE Act Have a Better Chance This Year?
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