Benzingas Bulls And Bears Of The Week: Apple, GE, Microsoft, Tesla, Twitter And More – Benzinga
Benzinga has examined the prospects for many investor favorite stocks over the past week.
The past week’s bullish calls included the iPhone maker, top airlines and a leading coffee purveyor.
Social media and electric vehicle leaders were among the bearish calls seen during the week.
The stock market kept hitting new record highs in the final week of April, with the Nasdaq posting a 5% or so gain for the month and the Dow Jones industrials up about 3% in that time. Still, the S&P 500 managed to end the week essentially flat and the other two indexes fractionally lower.
Earnings reports continued to roll in during the week, largely beating expectations, including from most of the FAANG stocks. Some market darlings were punished despite strong quarterly results. The preliminary first-quarter gross domestic product figure was better than expected as well, but just barely.
Also last week, the Federal Reserve declined to change rates or make any other policy changes, citing improvement in employment and in weak sectors but showing little concern about inflation. Others remain worried about inflation, given increasing reopening demand, supply shortages and rising commodity prices. Some investors are already wondering how soon the Fed will change its mind about raising rates.
Through it all, Benzinga continued 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.