🚀 ProPicks AI Hits +34.9% Return!Read Now

Benzinga Bulls And Bears Of The Week: Tesla, Netflix, BlackRock, Roblox And A Company With Ties To Donald Trump

Published 23/04/2022, 20:39
© Reuters.  Benzinga Bulls And Bears Of The Week: Tesla, Netflix, BlackRock, Roblox And A Company With Ties To Donald Trump
NFLX
-
BLK
-
TSLA
-
IXIC
-
BLAK34
-
RBLX
-

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

It was a third week of losses for the markets, as all three indexes continued to lose ground. The S&P 500 index dropped by 2.7%, the Dow Jones Industrial Average fell 1.75% and the Nasdaq composite saw the most damage, coming down 3.8% on the week.

Meanwhile, the small-cap Russell 2000 dropped by 3.1%, as the 10-year Treasury yield was up by 8 basis points to 2.91%.

Investors are nervously awaiting big earnings reports, including Apple Inc (NASDAQ: NASDAQ:AAPL), Microsoft Corp (NASDAQ: NASDAQ:MSFT), Alphabet Inc (NASDAQ: NASDAQ:GOOGL) and Exxon Mobile Corp (NYSE: NYSE:XOM), and monitoring how the market reacts to those reports.

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 "Why This Analyst Thinks Tesla's Growth Can 'Shock Wall Street' For Several Years," by Shanthi Rexaline, explains why an analyst at hedge fund Worm Capital believes Tesla Inc. (NASDAQ: TSLA) stock is the best bet for long-term-focused investors.

In "Why This Analyst Names BlackRock (NYSE:BLK), Victory Capital His Top Asset Manager Stock Picks," Wayne Duggan writes that a Bank of America (NYSE:BAC) analyst says there is limited opportunity at the moment among traditional asset manager stocks, but he recommends BlackRock, Inc. (NYSE: BLK) and Victory Capital Holdings Inc (NASDAQ: VCTR) as his top picks.

"Cathie Wood Trims Spotify And Buys Netflix-Fueled Dip In These 2 Stocks," by Rachit Vats, reports on Cathie Wood-led Ark Investment Management raising its exposure in Roblox Corp (NYSE: RBLX) and Roku Inc (NASDAQ: ROKU).

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

'If Elon Musk Wants To Buy Twitter (NYSE:TWTR), He Will': So Here's How To Trade It

India's Largest Public Company Is Charting All-Time Highs And Morgan Stanley (NYSE:MS), Goldman Sachs (NYSE:GS) Analyst See More Upside

6 S&P 500 Dividend Stocks To Buy With 4% Yields: AT&T, IBM (NYSE:IBM) And More

The Bears "Netflix Flashes Caution Light For Investors In These Stocks," by Adam Eckert, explains why Hightower Advisors' Stephanie Link sees the earnings nightmare at Netflix Inc (NASDAQ: NASDAQ:NFLX) as a warning signs for another group of stocks.

"Trump SPAC Deal Will Never Get Approved By SEC, Short Seller Says: What Investors Should Know," by Chris Katje, looks at why a noted short seller has taken a short position in Digital World Acquisition Corp (NASDAQ: DWAC) which announced a SPAC merger with Trump Media & Technology Group, a company created by Donald Trump, in the fall of 2021.

In "Are Block Shares Overvalued? Here's What This Investor Found Upon Reassessment," Adam Eckert explains why Decatur Capital Management's Degas Wright decided to reassess the prospects of Block Inc (NYSE: SQ) stock.

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

Largest US Pension Fund Trimmed Positions In Apple, Facebook (NASDAQ:FB), Google, Tesla In Q2 And Loaded Up Heavily On These 2 Stocks

Here's How China Ruined Alibaba (NYSE:BABA)'s Ambitions Of Becoming China's Amazon (NASDAQ:AMZN)

Microsoft Analyst Warns Ahead of Quarterly Earnings: 'There's Little Margin For Error'

Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.

© 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.