In This Article:
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Benzinga has examined the prospects for many investor favorite stocks over the past week.
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The week's bullish calls included an entertainment giant, a rising cloud play and a semiconductor maker.
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The electric vehicle leader and a big-box retailer were among the bearish calls that were seen.
The Dow Jones industrials and S&P 500 managed to end a turbulent first week of March marginally higher, while the Nasdaq pulled back about 2%.
Strength in the February jobs numbers was offset by rising Treasury yields and Federal Reserve concerns about inflation. In some corners, there were signs of a correction in the offing. For instance, the tech sector was still taking a bruising last week.
One tech giant in particular also could lose a billion defense contract, and it admitted to being the target of a major server hack last week as well.
There were some positive signs in the retail sector. The e-commerce leader is expanding its cashierless store efforts overseas, and the king of bricks-and-mortar is extending its online footprint. Yet store closures are still happening, and some retailers are having to adapt to states rushing to "reopen" their economies prematurely.
Meanwhile, the r/WallStreetBets crowd has picked an outlet mall operator and an online mortgage broker as new targets. A new wealth tax appears to be back on the table, and another new COVID-19 vaccine may be on the way.
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.
Bulls
In Jayson Derrick's "Analyst Increasingly Confident In Disney As A Big Reopening Beneficiary," see why Walt Disney Co (NYSE: DIS) is well positioned to benefit from pent-up demand for experiences and travel.
In "4 Snowflake Analyst On Q4 Results: 'A New Enterprise Data Cloud Platform Of Choice'," Shanthi Rexaline focuses on why analysts feel Snowflake Inc. (NYSE: SNOW) ended its fiscal year on a high note.
"JPMorgan Turns Bullish On Plug Power, Predicts 'Meaningful Share Of Future Hydrogen Economy'" by Wayne Duggan examines why one top analyst called Plug Power Inc (NASDAQ: PLUG) an excellent story stock in a market hungry for growth.
Chris Katje's "Roku Will Take Lion's Share Of Streaming TV Market, According To Cathie Wood" discusses why Roku Inc (NASDAQ: ROKU) will thrive in the huge transition from linear to streaming television.
ON Semiconductor Corp (NASDAQ: ON) has turnaround potential. So says Priya Nigam's "Why BofA Is Double Upgrading ON Semiconductor." See how long it may take and how the company will get there.