Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Benzinga Bulls And Bears Of The Week: AMC, Coinbase, Apple, Tesla And The Crypto Everyone Is Watching

Published 02/07/2022, 20:24
Updated 02/07/2022, 21:10
© Reuters.  Benzinga Bulls And Bears Of The Week: AMC, Coinbase, Apple, Tesla And The Crypto Everyone Is Watching

Benzinga has examined the prospects for many investors' favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro.

Even though the markets closed higher on Friday, all three major indexes lost ground this week. The S&P 500 was down by 2.2%, while the Dow Industrials dropped by 1.3% and the Nasdaq lost 4.1% during the week. This marks the fourth week of declines in the past five weeks.

Investors remained cautious heading into the July 4th holiday weekend, as inflation and fuel costs remain at record levels. Meanwhile, corporations are trying to determine how to navigate the economic slowdown, with concerns about ongoing supply chain challenges and the looming potential of a recession.

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 "AMC CEO Touts 'Top Gun' And Taunts Short Sellers After Shares Popped 12% At Monday Close," by Chris Katje, looks at a tweet sent by AMC Entertainment Holdings Inc (NYSE: AMC) CEO Adam Aron and the subsequent surge in the price of the company's stock this week.

In "Cathie Wood Defends Coinbase (NASDAQ:COIN) Allocation: Crypto Revolution 'Will Not Be Stopped'," Samyuktha Sriram outlines Ark Investment Management CEO Cathie Wood's belief in Coinbase Global Inc (NASDAQ: COIN) and why she says the "crypto revolution" is still underway.

"Apple Analyst Says This Is Cupertino's Unique Advantage Over Other Tech Giants," by Shanthi Rexaline, explains the reason Wedbush analyst Daniel Ives reiterated an Outperform rating and $200 price target on Apple Inc (NASDAQ: NASDAQ:AAPL) stock.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

For additional bullish calls of the past week, check out the following:

EXCLUSIVE: Michael Saylor's MicroStrategy Is Married To Bitcoin: 'Everything Else In The World Is Inferior'

Elon Musk's SpaceX Gets FCC Nod For Starlink Internet On Cars, Boats And Planes

Chart Wars: Between Carnival (NYSE:CCL) And Royal Caribbean Stocks — Which Bounce Will Be Higher?

The Bears "Tesla, Rivian and NIO See Estimates and Price Targets Slash By Mizuho Post Battery Industry Call," by Anusuya Lahiri, details why Mizuho lowered its price target for Tesla Inc (NASDAQ: TSLA), while saying the company will continue to be a leader in the EV market.

In "'It's Game Over': Loop Capital Analyst Warns That Bed Bath & Beyond's Days Are Limited," Adam Eckert writes that as shares of Bed Bath & Beyond Inc (NASDAQ: BBBY) hit 52-week lows, one analyst says the worst has yet to come.

"'Rich Dad Poor Dad' Author Waiting For Bitcoin To Test $1,100: 'Losers' Will Quit," by Samyuktha Sriram, reports on a recent tweet from Robert Kiyosaki, revealing just how low he's waiting for Bitcoin (CRYPTO: BTC) to go, before he buys more of the apex crypto.

For more bearish takes, be sure to see these posts:

Inflation Angst Causes Dramatic Shift In Spending And Savings Habits

Here's Why Volkswagen (ETR:VOWG_p) CEO Thinks Tesla Is Weakening Itself Right Now

Tesla Bear Michael Burry Predicts Divided Labor Market Amid Inflation, Worker Crunch Woes

Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter (NYSE:TWTR).

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read at Benzinga

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.