- Benzinga took a look at the outlook for many investor favorite stocks over the past week.
- Bullish calls last week included mega-cap tech giants making the news.
- A large consumer staples and disgraced tech company were among the bearish calls observed.
Big tech got a lot of attention during the last week of October. Technology benefits have been mixed, the world’s most valuable company has been dethroned, the social media leader has a facelift, and the trillion dollar market cap club has welcomed a new member.
Markets hit new all-time highs and the Big Three US Indices ended the week at least a little higher, led by the Nasdaq gaining more than 2%. Indices are around 5% higher for the month, as well as at least 16% since the start of the year. The S&P 500 leads here, gaining over 22% this year.
Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are some of the more bullish and bearish posts from the past week that deserve another look.
In “Why Apple Analysts Prefer to Look Beyond Supply Chain Challenges, Remain Bullish After Lack of Fourth Quarter Revenue,” Shanthi Rexaline reveals why top analysts stick to Apple Inc. (NASDAQ: AAPL).
“Why Facebook’s Name Change is Big Business, According to Gene Munster” by Madhukumar Warrier explores why the Facebook, Inc. (NASDAQ: FB) The makeover isn’t a trivial matter, according to the featured strategist.
“Why Pete Najarian Says Microsoft Is The Best Large Cap Tech Stock To Own Right Now” Adam Eckert explains why Microsoft Corp Stock (NASDAQ: MSFT) may be the best tech choice right now.
For additional bullish calls from last week, check out the following:
Alibaba Group Holding Ltd (NYSE: BABA) and its peers continue to be subject to regulatory scrutiny in China regarding data protection and the treatment of workers, according to “Why are Alibaba shares trading lower today?” by Anusuya Lahiri.
In “Is Coca-Cola’s Stock Overvalued Or Undervalued?” By Wayne Duggan, see why, at its current price, Coca-Cola Co (NYSE: KO) the stock may be somewhat overvalued. Do analysts see upside potential from current levels?
“What are the 3 risks for Nokia Stock? By Priya Nigam suggests that the rise Nokia Oyj (NYSE: NOK) Stock may be limited. Is the Finnish tech giant likely to meet consensus earnings estimates for 2021? A key analyst shares his thoughts.
For more bearish catches, be sure to see these posts:
At the time of this writing, the author has no position in the mentioned stocks.
Keep up to date with all the latest trading news and ideas by following Benzinga on Twitter.