3rdPartyFeeds

Bulls & Bears Of The Week: Apple, Nio, Snap, Uber And More

Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included two recent high-profile IPOs and a financial giant. Bearish calls included the iPhone maker, ... Read More...

  • Benzinga has examined prospects for many investor favorite stocks over the past week.
  • Bullish calls included two recent high-profile IPOs and a financial giant.
  • Bearish calls included the iPhone maker, an EV startup and a specialty retailer.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="May, a month in the shadow of trade concerns, ended last week with more tariffs on Chinese goods and new tariffs on goods from Mexico. It was also a week that saw a big automaker pondering a merger, a renewed focus on Treasury yields, speculation about federal funds rate cuts and the end of the Mueller investigation. The big U.S. indexes ended the week around 3 percent lower, as well as down near 6 percent&nbsp;or more for the month.” data-reactid=”22″>May, a month in the shadow of trade concerns, ended last week with more tariffs on Chinese goods and new tariffs on goods from Mexico. It was also a week that saw a big automaker pondering a merger, a renewed focus on Treasury yields, speculation about federal funds rate cuts and the end of the Mueller investigation. The big U.S. indexes ended the week around 3 percent lower, as well as down near 6 percent or more for the month.

As usual, Benzinga continues to examine the prospects for many of the most popular stocks with investors. Here are just a few of this past week’s most bullish and bearish posts that may be worth another look.

Bulls

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Uber Technologies, Inc. (NYSE: UBER) ambitions to expand beyond its core business impressed analysts, according to Dave Royce’s "Uber Shares Rise, Analysts Largely Positive After First Quarterly Print."” data-reactid=”25″>Uber Technologies, Inc. (NYSE: UBER) ambitions to expand beyond its core business impressed analysts, according to Dave Royce’s “Uber Shares Rise, Analysts Largely Positive After First Quarterly Print.”

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Priya Nigam's "Beyond Meat Holds Tremendous Growth Opportunity, JPMorgan Says In Bullish Initiation" suggests consumer response to Beyond Meat Inc (NASDAQ: BYND) products has been encouraging.” data-reactid=”26″>Priya Nigam’s “Beyond Meat Holds Tremendous Growth Opportunity, JPMorgan Says In Bullish Initiation” suggests consumer response to Beyond Meat Inc (NASDAQ: BYND) products has been encouraging.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content=""Snap Options Trader Makes Big Bet On More Near-Term Upside" by Wayne Duggan shows why at least one large option trader has bet on more upside ahead for Snap Inc (NYSE: SNAP). Is music streaming to come?” data-reactid=”27″>”Snap Options Trader Makes Big Bet On More Near-Term Upside” by Wayne Duggan shows why at least one large option trader has bet on more upside ahead for Snap Inc (NYSE: SNAP). Is music streaming to come?

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="In "Pro: Scrap The 10-Year Yield In Favor Of These 2 Stocks," Jayson Derrick examines why 10-year Treasury investors may want to look to dividend payers such as JPMorgan Chase &amp; Co. (NYSE: JPM) instead.” data-reactid=”28″>In “Pro: Scrap The 10-Year Yield In Favor Of These 2 Stocks,” Jayson Derrick examines why 10-year Treasury investors may want to look to dividend payers such as JPMorgan Chase & Co. (NYSE: JPM) instead.

For additional bullish calls, also have a look at Analysts: Lowe’s Sell-Off A Buying Opportunity and BMO Adds Boston Scientific To Top Picks, Sees Catalysts Ahead.

Bears

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="In Wayne Duggan's "Citi Cuts Apple Price Target, iPhone Estimates On China Concerns," see why investors should brace for the trade war to take a bite out of Apple Inc. (NASDAQ: AAPL) iPhone sales.” data-reactid=”31″>In Wayne Duggan’s “Citi Cuts Apple Price Target, iPhone Estimates On China Concerns,” see why investors should brace for the trade war to take a bite out of Apple Inc. (NASDAQ: AAPL) iPhone sales.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Sales expectations and the emergence of a competitor led to a downgrade for Nio Inc (NYSE: NIO). So says "Bank Of America Downgrades Nio On Lower Sales Expectations, Tesla Competition Expectations" by Dave Royse.” data-reactid=”32″>Sales expectations and the emergence of a competitor led to a downgrade for Nio Inc (NYSE: NIO). So says “Bank Of America Downgrades Nio On Lower Sales Expectations, Tesla Competition Expectations” by Dave Royse.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Shanthi Rexaline's "Teva's Legal Overhang Triggers UBS Downgrade, Near-Halving Of Price Target" discusses how the opioid crisis and drug price fixing could affect Teva Pharmaceutical Industries Ltd (NYSE: TEVA).” data-reactid=”33″>Shanthi Rexaline’s “Teva’s Legal Overhang Triggers UBS Downgrade, Near-Halving Of Price Target” discusses how the opioid crisis and drug price fixing could affect Teva Pharmaceutical Industries Ltd (NYSE: TEVA).

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content=""Wall Street Stays Neutral On Dicks Sporting Goods Amid Potential Exit From Hunting Category" by Brett Hershman shows what the sell-side has to say about Dicks Sporting Goods Inc (NYSE: DKS).” data-reactid=”34″>”Wall Street Stays Neutral On Dicks Sporting Goods Amid Potential Exit From Hunting Category” by Brett Hershman shows what the sell-side has to say about Dicks Sporting Goods Inc (NYSE: DKS).

Be sure to check out Why Carl Icahn Is Suing Occidental Petroleum and Bank Of America On Beyond Meat: ‘No Cattle’ To The Investment Story for additional bearish calls.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.” data-reactid=”36″>Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.

<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=”37″>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=”42″>© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read More

Add Comment

Click here to post a comment