Last week, Benzinga looked at the outlook for stocks that are popular with many investors. Here are some of the top articles.
Stocks soared this week after a big rally on Wednesday following Donald Trump’s election victory. The S&P 500 rose 4.66% and the Dow Jones Industrial Average rose 4.61%, both posting their best weeks since November 2023, but the Nasdaq outperformed them with a 5.74% gain.
tesla company TSLA stocks soared 30%, boosting Elon Musk’s wealth, and small-cap stocks outperformed large-cap stocks on the back of potential trade advantages for U.S.-focused companies.
Thursday’s Fed rate cuts to a range of 4.5% to 4.75% prompted further risk-taking, pushing the Magnificent Seven’s total market capitalization to a new peak of $17 trillion.
Benzinga provides daily reports on the stocks that are most popular with investors. Here are some of last week’s most bullish and bearish posts that are worth revisiting.
bulls
NVIDIA Joins the Dow Jones Industrial Average: Why the Big Tech is in the Index, and Why the Additions of Sherwin and Williams Will Be More Significant, by Chris Katje, covers NVIDIA Corp. NVDA Joining Dow Jones on behalf of Intel INTCanalysts are paying attention to Sherwin-Williams. SHW This can have far-reaching implications for the index’s sector diversity.
“Dogecoin is up 79% in one month, with analysts calling it close to $0.20 on a ‘beautiful rebound from key levels,’” reports Kyati Dalal. doge/usd The stock has soared 79% over the past month to above $0.20, with analysts predicting further gains. Ali Martinez highlights the descending triangle pattern and suggests a possible rally to $0.22, while crypto traders are predicting a “beautiful rebound” if DOGE breaks through the $0.198 resistance level. .
“‘The Messi of AI’: Wall Street Analysts Gush Over Palantir’s ‘Solid’ Earnings,” by Adam Eckert, highlights Wedbush analyst Dan Ives’ praise for Palantir Technologies. are. PLTR Following strong third quarter earnings. Calling Palantir the “Messi of AI,” Ives pointed to 30% revenue growth, 39% customer growth, and solid momentum in government and commercial contracts.
Check out below for additional bullish calls from the past week.
A landslide victory for Trump and the Republicans could cause the dollar to rise 7%, but a Harris victory could cause it to fall 5%, JPMorgan says.
The future of Bitcoin under President-elect Donald Trump: A look back at his crypto policies
A veteran Wall Street investor says President Trump’s election increases the possibility of a “2020s Roaring Scenario”: How high can the U.S. stock market rise?
bears
Erica Colman’s book, “Rivian’s Lucky Stock Falls After Trump’s Victory: What’s Driving the Bearish Move?” examines Rivian Automotive’s post-election decline. Riven and Lucid Group, Inc. LCID This is likely due to investor concerns about President Trump’s plans to eliminate EV incentives and change EPA emissions standards.
“Plug Power’s $20 billion revenue ambitions face obstacles, analysts say,” by Surbhi Jain discusses Plug Power. plugJPMorgan analysts highlight major challenges ahead, citing the weak hydrogen market and the need to drive rapid sales growth, with the ambition to reach $20 billion in revenue by 2030 We have set a goal.
Written by Anusuya Lahiri, “US-listed Chinese stocks like Alibaba, Jingdong, Nio fall after Trump win – What’s going on?” reported Alibaba Group Holding. BabaJD.com, Inc. J.D.NIO Co., Ltd. Nio Stocks fell as Trump’s election victory raised concerns that trade tensions between the U.S. and China could flare up again, with potential tariffs prompting China to consider stimulus measures.
For more bearish views, be sure to check out our next post.
Energy drink maker Celsius misses third-quarter profit as supply chain optimization squeezes profits: details
U.S. Treasuries fall sharpest in a year ahead of Fed meeting: Could Powell adjust his stance in response to President Trump?
Ultra-small delisting risk jeopardizes $1.7 billion in bond repayments
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