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Benzinga
Benzinga’s latest bulls and bears of the year: Alibaba, Apple, Intel, Tesla and more
* Benzinga reviewed the outlook for many investor favorite stocks over the past week. * The week’s bullish calls included shares in the iPhone maker and EVs. * A semiconductor maker and Chinese internet giant were among the bearish calls. The last week of trading in a tumultuous year offered little like a Santa rally, with the S&P 500 industrial average and the Dow Jones up about 1% and the Nasdaq mostly flat for the week. For the full year however, the Dow Jones rose about 6%, the S&P 500 was over 14% higher, and the Nasdaq registered a gain of over 41%. Not bad for a year that saw a market collapse in March, which ended with progress on a third COVID-19 vaccine, continued political wrangling in Washington, and signs of life in the film industry. In addition, the e-commerce colossus has seen success with a new venture, the electric vehicle leader is poised to thrive, and the days of a leading chipmaker can be numbered. The year is also a time to look ahead, with market themes to watch and predictions for the FAANG stocks, cryptocurrency and more. Through it all, Benzinga has continued to examine the prospects of many. most popular stocks with investors. Here are some of the more bullish and bearish posts from the past week that deserve another look. Bulls In Jayson Derrick “3 Reasons Why Gene Munster Says Apple will be A Top Performer in 2021”, see why this renowned tech and venture capitalist believes certain key catalysts will help drive Apple Inc. stock soar (NASDAQ : AAPL) this year and make it a top-performing FAANG game. Tesla Inc (NASDAQ: TSLA) could beat internal and Wall Street expectations in Q4 despite some “speed bumps.” According to Wedbush, “Tesla on track to beat its ambitious delivery target of 500,000 deliveries by 2020” from Shivdeep Dhaliwal. Shanthi Rexaline’s “Snap Rallies On New Street-High Price Target: Why Goldman Sachs Is Bullish” examines why a leading analyst believes Snap Inc (NYSE: SNAP) stock is set to continue to rise and fourth quarter revenue will likely be well above consensus expectations. In “Why BofA Raises Its Nio Price Target Ahead of the Jan. 9 Event,” Wayne Duggan discusses what electric automaker Nio Inc (NYSE: NIO) will likely announce at its next event. Find out what should give investors plenty of reason to be bullish this year. Priya Nigam’s “Why KeyBanc Is Going Bullish on Continental Resources” study explains why oil and gas exploration and production company Continental Resources, Inc. and may reestablish its dividend this year.For additional bullish calls from last week, also take a look at the following: * The S&P 500 just did something that has been bullish every time since the Second World War * 3 Catalysts That Could Boost Stock Prices In 2021 * Tilson: Stock Market Frothy Could Still Be “One to Two Years From Top” In “Intel Analyst: Challenges In 2021“ Substantial ”Look by Shanthi Rexaline, see how one analyst expects former chipmaker Intel Corporation (NASDAQ: INTC) to respond to pressure from activists to make big changes. What may be the next step for the tech giant? Aditya Raghunath’s “Alibaba Shares the Reservoir Even As E-Commerce Giant Mounts Share Buyback Target to B” by Aditya Raghunath Shows Why Alibaba Group Holdings Ltd (NYSE: BABA) Share Buyback Program Strengthening Against the anti-competition polls of the Chinese authorities did not please investors. Chris Katje, “Bears Pile On FuboTV After 330% Rise In 2020,” says the bears call into question the valuation and long-term outlook of FuboTV Inc (NYSE: FUBO), one of the hottest stocks in the world. streaming market over the past year. Electric vehicle maker Nikola Corporation (NASDAQ: NKLA) facing “lack of scale in first 18 months of truck sales,” says “JPMorgan lowers Nikola price target, sees risk performance Associated With A Tarnished Brand ‘”by Priya Nigam. For more bearish catches, be sure to check out these articles: * Bitcoin rally is likely to peak in the coming weeks, according to technical analyst * 10 worst performing S&P 500 stocks of 2020 as of this writing, the author did had no position in the stocks mentioned. Keep up to date with all the latest breaking news and trading ideas by following Benzinga on Twitter. Photo credit: Andy Mitchell, Flickr View more from Benzinga * Click here for options trading from Benzinga * Barron’s Picks and Pans After Christmas: Alibaba, Apple, Intel, Pool, Yelp and more * Notable Insider Buys during Christmas Week: Foot Locker, GameStop, NetApp and more (C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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