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Bulls And Bears Of The Week: Altria, Apple, Netflix, Slack And More

Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included a FANG stock and tobacco and health care giants. Bearish calls included the iPhone maker ... Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Benzinga has examined the prospects for many investor favorite stocks over the past week. ” data-reactid=”18″>Benzinga has examined the prospects for many investor favorite stocks over the past week.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Bullish calls included a FANG stock and tobacco and health care giants.” data-reactid=”19″>Bullish calls included a FANG stock and tobacco and health care giants.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Bearish calls included the iPhone maker and a struggling old-school conglomerate.” data-reactid=”20″>Bearish calls included the iPhone maker and a struggling old-school conglomerate.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The big U.S. indexes ended the final week of August with marginal gains, but they were still in the red for the month, with the Dow Jones industrials down fractionally and the Nasdaq almost 2% lower. It also was a week when the trade war roller coaster continued, not to mention the Brexit drama&nbsp;— and a potentially&nbsp; devastating hurricane took aim at Florida and the rest of the east coast.” data-reactid=”21″>The big U.S. indexes ended the final week of August with marginal gains, but they were still in the red for the month, with the Dow Jones industrials down fractionally and the Nasdaq almost 2% lower. It also was a week when the trade war roller coaster continued, not to mention the Brexit drama — and a potentially  devastating hurricane took aim at Florida and the rest of the east coast.

Bulls

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Netflix Inc (NASDAQ: NFLX) shares retreated recently, but at least one large trader made some big option market bets on a recovery, according to Wayne Duggan’s "Option Trader Makes Massive Bets On Netflix Rebound."” data-reactid=”23″>Netflix Inc (NASDAQ: NFLX) shares retreated recently, but at least one large trader made some big option market bets on a recovery, according to Wayne Duggan’s “Option Trader Makes Massive Bets On Netflix Rebound.”

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="In "Why One Johnson &amp; Johnson Analyst Sees Oklahoma Opioid Ruling As Near-Term Sentiment Positive," Shanthi Rexaline details sell-side takes on the path forward for Johnson &amp; Johnson (NYSE: JNJ).&nbsp;” data-reactid=”24″>In “Why One Johnson & Johnson Analyst Sees Oklahoma Opioid Ruling As Near-Term Sentiment Positive,” Shanthi Rexaline details sell-side takes on the path forward for Johnson & Johnson (NYSE: JNJ). 

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Dave Royse's "Altria, Philip Morris Discuss Reunion Merger: Analyst Says Deal Makes 'Strategic Sense'" takes a look why Altria Group Inc. (NYSE: MO) and&nbsp;Philip Morris International Inc. (NYSE: PM) may reunite.&nbsp;” data-reactid=”25″>Dave Royse’s “Altria, Philip Morris Discuss Reunion Merger: Analyst Says Deal Makes ‘Strategic Sense'” takes a look why Altria Group Inc. (NYSE: MO) and Philip Morris International Inc. (NYSE: PM) may reunite. 

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content=""Ciena Analyst Turns Bullish, Says Demand Outlook Improving" by Priya Nigam shows why one key analyst was bullish on Ciena Corporation (NYSE: CIEN) ahead of its third-quarter earnings report.” data-reactid=”26″>”Ciena Analyst Turns Bullish, Says Demand Outlook Improving” by Priya Nigam shows why one key analyst was bullish on Ciena Corporation (NYSE: CIEN) ahead of its third-quarter earnings report.

For additional bullish calls, also have a look at “Stock Wars: Facebook Vs. Twitter Vs. Snapchat” and “Wedbush: Zynga’s Upside Potential Makes It A Top Play.”

Bears

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Exiting the Chinese market is not an option for companies like Apple Inc. (NASDAQ: AAPL). So says "Apple Analyst On Tariff Escalation: The ‘Nightmare That Doesn’t Go Away’" by Jayson Derrick.” data-reactid=”29″>Exiting the Chinese market is not an option for companies like Apple Inc. (NASDAQ: AAPL). So says “Apple Analyst On Tariff Escalation: The ‘Nightmare That Doesn’t Go Away'” by Jayson Derrick.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="In Wayne Duggan's "Mixed GE Options Trades Suggest The Rally May Soon Run Out Of Steam," see why there may be more uncertainty ahead for General Electric Company (NYSE: GE), and why it remains a somewhat speculative play.” data-reactid=”30″>In Wayne Duggan’s “Mixed GE Options Trades Suggest The Rally May Soon Run Out Of Steam,” see why there may be more uncertainty ahead for General Electric Company (NYSE: GE), and why it remains a somewhat speculative play.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Randy Elias's "Slack Continues Fall After WSJ Suggests Stock Is Overpriced" takes a look at why Slack Technologies Inc (NYSE: WORK) stock traded below $30 a share for only the second time last week.” data-reactid=”31″>Randy Elias’s “Slack Continues Fall After WSJ Suggests Stock Is Overpriced” takes a look at why Slack Technologies Inc (NYSE: WORK) stock traded below $30 a share for only the second time last week.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content=""Cowen Slashes PVH Price Target: 'We Need More Clarity On Sustainable Free Cash Flow'" by Brett Hershman examines why one analyst was not impressed with the PVH Corp (NYSE: PVH) earnings beat.” data-reactid=”32″>”Cowen Slashes PVH Price Target: ‘We Need More Clarity On Sustainable Free Cash Flow'” by Brett Hershman examines why one analyst was not impressed with the PVH Corp (NYSE: PVH) earnings beat.

Be sure to check out “Nomura Cautious On 5G Impact For Apple, Trims iPhone Demand Estimates” and “Margin Expansion Was Story For Hewlett Packard Enterprise, But Analyst Fears It May Not Be Sustainable” for additional bearish calls.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="At the time of this writing, the author had no position in the mentioned equities.” data-reactid=”34″>At the time of this writing, the author had no position in the mentioned equities.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="See more from Benzinga” data-reactid=”36″>See more from Benzinga

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.” data-reactid=”41″>© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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