- Benzinga has analyzed the forecasts of many of the investor favorite stocks During last week.
- Last week’s bullish calls included the iPhone maker, major airlines and a leading coffee supplier.
- Leaders of social media and electric vehicles (EVs) stood out among the bear calls of the week.
The stock market continued to hit new all-time highs in the last week of April. The Nasdaq posted gains of about 5% for the month and the industrial Dow Jones rose about 3% in the same period. Still, the S&P 500 managed to end the week basically flat and the other two indices slightly lower.
Earnings reports continued to be released throughout the week, that greatly exceeded expectations, including the majority of FAANG shares. Some market favorites were hurt despite strong quarterly results. Preliminary first quarter GDP figures were also better than expected, albeit only slightly.
Also last week, the Federal Reserve refused to change rates or make any other policy change, and referred to an improvement in employment and weak sectors, but showed little concern about inflation. Others follow worried about inflation, given the growing demand after the reopening, the shortage of supply and the increase in the prices of raw materials. Some investors are already wondering how long it will take for the Fed to change their mind regarding the increase in rates.
After April, next week’s employment report is expected to help lay the guidelines for May. Other current concerns are the weakness observed in Europe and China, the possible changes in wealth taxes and the expansion of semiconductor shortage.
In the midst of all this, Benzinga continued to examine forecasts for many of the stocks most popular with investors. These are some of the more bullish and bearish posts from the past week that are worth taking another look at.
Apple Inc. (NASDAQ: AAPL) will continue to prosper. This is what the analyst who appears in Madhukumar Warrier’s article entitled “Munster Says Apple’s Q2 Earnings Report Reinforces It Will Be ‘Best Performing’ FAANG Stock Of 2021“.
For more information on Apple, see Apple’s Q2 article titled “6 Analysts Analyze iPhone Maker’s ‘Amazing’ Quarter“.
In the article “4 Microsoft Analysts Discuss Software Giant’s 3Q Earnings, Cloud Strength, And Long-Term ForecastsShanthi Rexaline focuses on reasons to be optimistic about Microsoft Corporation (NASDAQ:MSFT).
To read another interpretation, take a look at “Why Microsoft’s Sell-off Could Be a Buying Opportunity“.
Melanie Schaffer’s article titled “Why American and Delta Airlines seem ready for take off“, Analyze why American Airlines Group Inc (NASDAQ: AAL) y Delta Air Lines, Inc. (NYSE: DAL) are on track to regain pre-pandemic price levels.
The article titled “Why GE Shares Look Set To Explode In The Next Weeks”By Tyler Bundy, reviews the chart of General Electric Company after a disappointing quarterly report. Are the stocks ready to recover?
Article “4 analysts raise their glasses to the latest Starbucks earnings report”By Phil Hall, examines what analysts liked Starbucks Corporation (NASDAQ: SBUX) of the company’s latest quarterly report.
Also take a look at “Starbucks down but one analyst remains bullish“.
Outlook on the downside
“Tesla will be ‘stuck’ unless this happensBy Wayne Duggan, shows why the actions of Tesla Inc. (NASDAQ: TSLA) might need a catalyst. Hasn’t Bitcoin changed the rules of the game?
What’s more, These options traders are betting against Tesla.
“What Wall Street thinks of Twitter’s disappointing quarterWritten by Chris Katje, suggests that analysts were left with many unanswered questions after Twitter Inc (NYSE: TWTR) to file its earnings report, prompting several price target drops.
“Where are Twitter actions headed now?It includes several interesting graphics.
In the article titled “BofA lowers NIO price target despite record high margins and growth“, Priya Nigam discusses what led a key analyst to lower his target price and lower his estimates for the shares of Nio Inc (NYSE: NIO) despite other favorable winds.
In Tyler Bundy’s article titled “2 carpool stocks that could crash“, It is discovered what a technical analysis says about the rivals LYFT Inc (NASDAQ:LYFT) y Uber Technologies Inc (NYSE:UBER).
Its quarterly results encouraged analysts of Teladoc Health Inc (NYSE: TDOC) to act, according to Vandana Singh in her article “Teladoc shares tumble on analysts’ price declines after losses exceeded expectations in Q1.”
At the time of writing this article, the author had no shares in the companies mentioned.
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