- Benzinga examined the outlook for many investor-preferred stocks in the past week.
- The bullish calls of the week included a large area of oil and cloud stocks.
- A top electric vehicle manufacturer and a COVID-19 vaccine kit were among the bear calls.
The US approval of the second COVID-19 vaccine helped the major US indexes end last week slightly higher, driven by a nearly 3% increase in the Nasdaq. This is despite the word of a major cyber attack on US federal agencies and companies.
Last week saw the latest in the Federal Reserve, with Bitcoin rising to new record levels and a major resignation from the outgoing administration. A major merger with marijuana has been announced, the iPhone maker is increasing production as the holiday season ends, and the FTC wants more from the social media giants.
However, Benzinga continued to examine the prospects for many of the most popular stocks among investors. Here are some of the most uplifting and bearish posts of this week that deserve another look.
bulls
“Tesla’s big advantage over old carmakers?” Software, says Munster ”by Shivdeep Dhaliwal examines an advantage Tesla Inc. (NASDAQ: TSLA) enjoys the old carmakers, which are both clear and profitable. Can the stock grow to $ 2,500 per share over the next three years?
Aditya Raghunath’s “Amazon, DocuSign, Morgan Stanley and More – UBS Conviction Elections for 2021” focuses on Amazon.com, Inc. (NASDAQ: AMZN), Morgan Stanley (NYSE: MS) and several other stock selections for 2021 from a European analyst.
Exxon Mobil Corporation (NYSE: XOM) is poised to benefit as oil demand returns to pre-pandemic levels in the coming years, and stocks have an attractive valuation. So says Priya Nigam, “Goldman Sachs is updating Exxon Mobil to improve the oil demand outlook, valuation.”
In “BofA restores cloud stock coverage, names best choices for 2021”, Wayne Duggan discusses why Salesforce.com, Inc. (NYSE: CRM) and ServiceNow Inc. (NYSE: NOW) have more room to run and are the top choices in the cloud services arena for next year.
In “Why Comcast Is” Ready to Burst “in 2021 by Jayson Derrick, see why Comcast Corporation (NASDAQ: CMCSA) The shares could prove to be winners in 2021. The media and technology giant has more catalysts, and the shares are undervalued, says a top analyst.
For additional dialing calls from last week, take a look at the following:
bears
In “Tesla destined for a similar fall to Tilray, stock will reach $ 60-80 levels in Shivdeep Dhaliwal In 2021, says Bear Long-Term”, an expert suggests the inclusion of the main electric vehicle manufacturer in the S&P 500 model could stop time. How far could the stock fall next year?
“Modern analyst Shanthi Rexaline: COVID-19 vaccine value largely reflected in stock” shows why a top Moderna Inc. The analyst (NASDAQ: MRNA) came out on the sidelines last week. See what the analyst thinks will dictate the movement of stocks in the short term.
“The most ridiculous IPO of 2020? Citron Hits DoorDash With $ 40 Target ”by Chris Katje claims that evaluation DoorDash Inc. The shares (NYSE: DASH) following the initial public offering are not credible. He is “far from being the most dominant player on the market”, points out a well-known short salesman.
United Airlines Holdings Inc (NASDAQ: UAL) and some of its rivals flew too high too fast, leading to double downgrades, according to Wayne Duggan’s “JPMorgan Downgrades Airlines JetBlue, Spirit, United,” “Selective Profit”.
Be sure to check the following additional bear calls:
At the time of writing, the author had no position in those actions.
Keep up with all the latest breaking news and trading ideas by following Benzing on Twitter.
Image source: Unsplash.com
© 2020 Benzinga.com. Gasoline does not offer investment advice. All rights reserved.