Benzinga’s Bulls And Bears Of The Week: AT&T, Apple, Tesla And More, , on October 10, 2020 at 5:09 pm

By High West Capital Partners
On October 10, 2020
Tags:

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * The FAANG stocks were represented in both the bullish and bearish calls seen this past week. * Other bullish calls were for some stocks found in struggling industries and sectors. The big three U.S. equity indexes ended last week solidly higher, led by the more than 4% gain in the Nasdaq. This came despite continuing volatility, due in part to presidential tweets in the wake of his treatment for COVID-19. The week also saw the vice presidential debate, as well as news that an alleged domestic terrorism plot apparently was foiled.Furthermore, an old-school conglomerate, a top bank and a video streaming leader all faced some bad news in the past week. Also, the iPhone maker confirmed the date of its next big event, and one equity index is rumored to be looking for a new home.Through it all, Benzinga continued to examine the prospects for many of the stocks that are most popular with investors. Here are a few of this past week’s most bullish and bearish posts that may be worth another look. Bulls The tech rally may have hit a recent speed bump, but Apple Inc. (NASDAQ: AAPL) and other big tech stocks are poised for another move higher, according to Shanthi Rexaline’s “Why This Wedbush Analyst Expects A Year-End Tech Rally.”In “Tesla Remains ‘Misvalued,’ Says SPAC King Palihapitiya,” Neer Varshney is focused on how the Tesla Inc (NASDAQ: TSLA) company may be misunderstood and underestimated by analysts and investors. See why the increasingly crowded electric vehicle space is not a concern.”Why Barclays Is Turning Bullish On 4 Retailers” by Jayson Derrick discusses one top analyst upgraded American Eagle Outfitters Inc. (NYSE: AEO) and some other mall retailers after a decade of bearishness. Is the positivity warranted?”BofA Upgrades US Bancorp On Headwinds Giving Way To Tailwinds” by Priya Nigam reveals why recent activity could be signaling a strong rebound for US Bancorp (NYSE: USB) stock for the rest of the year.In Wayne Duggan’s “Goldman Sachs Calls General Electric The ‘Ultimate Self-Help, Vaccine Leverage Story’,” see why General Electric Co. (NYSE: GE) could emerge even an stronger company in a post-pandemic economy.For additional bullish calls seen in the past week, also have a look at these posts: * 3 Tech Stocks In Berkshire Hathaway’s Portfolio * Which EV Stock Will Grow The Most By 2025? * Square Invests M In Bitcoin; Dorsey Sees A Currency For The Internet Bears “Facebook, Amazon, Apple, Google Stamping Out Rivals, Stifling Innovation, House Antitrust Investigation Concludes” by Shivdeep Dhaliwal shows what a congressional panel has concluded about Amazon.com Inc. (NASDAQ: AMZN) and other tech giants.After stellar performances in the first half of the year, expectations for Netflix Inc. (NASDAQ: NFLX) are muted for the third quarter. So says “7 Worrisome Metrics That Underscore Risks To Netflix’s Q3 Results” by Shanthi Rexaline.In Priya Nigam’s “KeyBanc Turns Bearish On AT&T, Says Consumers Facing Macro Pressure,” see how AT&T Inc. (NYSE: T) may be “secularly and competitively challenged” despite high expectations.Wayne Duggan’s “Analyst: Cruise Industry On Life Support Heading Into Q4” shows why there appears to be little hope for improvement anytime soon for Carnival Corp. (NYSE: CCL) and its peers in the industry.Todd Shriber’s “Big Financial ETF Tagged With ‘Speculative’ Rating” discusses how historically low interest rates and rising loan loss reserves have dragged on the Financial Select Sector SPDR (NYSEARCA: XLF).Be sure to check out Lloyd Blankfein Blames SPACs, Free Money For Bubble Territory and Fed Chair Powell On Economic Recovery: ‘Still A Long Way To Go’ for additional bearish calls from the past week.At the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Notable Insider Buys Last Week: Blackstone, CarMax And More * Barron’s Picks And Pans: Albemarle, Camping World, Terex And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.,

Benzinga's Bulls And Bears Of The Week: AT&T, Apple, Tesla And More* Benzinga has examined the prospects for many investor favorite stocks over the past week. * The FAANG stocks were represented in both the bullish and bearish calls seen this past week. * Other bullish calls were for some stocks found in struggling industries and sectors. The big three U.S. equity indexes ended last week solidly higher, led by the more than 4% gain in the Nasdaq. This came despite continuing volatility, due in part to presidential tweets in the wake of his treatment for COVID-19. The week also saw the vice presidential debate, as well as news that an alleged domestic terrorism plot apparently was foiled.Furthermore, an old-school conglomerate, a top bank and a video streaming leader all faced some bad news in the past week. Also, the iPhone maker confirmed the date of its next big event, and one equity index is rumored to be looking for a new home.Through it all, Benzinga continued to examine the prospects for many of the stocks that are most popular with investors. Here are a few of this past week’s most bullish and bearish posts that may be worth another look. Bulls The tech rally may have hit a recent speed bump, but Apple Inc. (NASDAQ: AAPL) and other big tech stocks are poised for another move higher, according to Shanthi Rexaline’s “Why This Wedbush Analyst Expects A Year-End Tech Rally.”In “Tesla Remains ‘Misvalued,’ Says SPAC King Palihapitiya,” Neer Varshney is focused on how the Tesla Inc (NASDAQ: TSLA) company may be misunderstood and underestimated by analysts and investors. See why the increasingly crowded electric vehicle space is not a concern.”Why Barclays Is Turning Bullish On 4 Retailers” by Jayson Derrick discusses one top analyst upgraded American Eagle Outfitters Inc. (NYSE: AEO) and some other mall retailers after a decade of bearishness. Is the positivity warranted?”BofA Upgrades US Bancorp On Headwinds Giving Way To Tailwinds” by Priya Nigam reveals why recent activity could be signaling a strong rebound for US Bancorp (NYSE: USB) stock for the rest of the year.In Wayne Duggan’s “Goldman Sachs Calls General Electric The ‘Ultimate Self-Help, Vaccine Leverage Story’,” see why General Electric Co. (NYSE: GE) could emerge even an stronger company in a post-pandemic economy.For additional bullish calls seen in the past week, also have a look at these posts: * 3 Tech Stocks In Berkshire Hathaway’s Portfolio * Which EV Stock Will Grow The Most By 2025? * Square Invests M In Bitcoin; Dorsey Sees A Currency For The Internet Bears “Facebook, Amazon, Apple, Google Stamping Out Rivals, Stifling Innovation, House Antitrust Investigation Concludes” by Shivdeep Dhaliwal shows what a congressional panel has concluded about Amazon.com Inc. (NASDAQ: AMZN) and other tech giants.After stellar performances in the first half of the year, expectations for Netflix Inc. (NASDAQ: NFLX) are muted for the third quarter. So says “7 Worrisome Metrics That Underscore Risks To Netflix’s Q3 Results” by Shanthi Rexaline.In Priya Nigam’s “KeyBanc Turns Bearish On AT&T, Says Consumers Facing Macro Pressure,” see how AT&T Inc. (NYSE: T) may be “secularly and competitively challenged” despite high expectations.Wayne Duggan’s “Analyst: Cruise Industry On Life Support Heading Into Q4” shows why there appears to be little hope for improvement anytime soon for Carnival Corp. (NYSE: CCL) and its peers in the industry.Todd Shriber’s “Big Financial ETF Tagged With ‘Speculative’ Rating” discusses how historically low interest rates and rising loan loss reserves have dragged on the Financial Select Sector SPDR (NYSEARCA: XLF).Be sure to check out Lloyd Blankfein Blames SPACs, Free Money For Bubble Territory and Fed Chair Powell On Economic Recovery: ‘Still A Long Way To Go’ for additional bearish calls from the past week.At the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Notable Insider Buys Last Week: Blackstone, CarMax And More * Barron’s Picks And Pans: Albemarle, Camping World, Terex And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

,

Instant Quote

Enter the Stock Symbol.

Select the Exchange.

Select the Type of Security.

Please enter your First Name.

Please enter your Last Name.

Please enter your phone number.

Please enter your Email Address.

Please enter or select the Total Number of Shares you own.

Please enter or select the Desired Loan Amount you are seeking.

Please select the Loan Purpose.

Please select if you are an Officer/Director.

High West Capital Partners, LLC may only offer certain information to persons who are “Accredited Investors” and/or “Qualified Clients” as those terms are defined under applicable Federal Securities Laws. In order to be an “Accredited Investor” and/or a “Qualified Client”, you must meet the criteria identified in ONE OR MORE of the following categories/paragraphs numbered 1-20 below.

High West Capital Partners, LLC cannot provide you with any information regarding its Loan Programs or Investment Products unless you meet one or more of the following criteria. Furthermore, Foreign nationals who may be exempt from qualifying as a U.S. Accredited Investor are still required to meet the established criteria, in accordance with High West Capital Partners, LLC’s internal lending policies. High West Capital Partners, LLC will not provide information or lend to any individual and/or entity that does not meet one or more of the following criteria:

1) Individual with Net Worth in excess of $1.0 million. A natural person (not an entity) whose net worth, or joint net worth with his or her spouse, at the time of purchase exceeds $1,000,000 USD. (In calculating net worth, you may include your equity in personal property and real estate, including your principal residence, cash, short-term investments, stock and securities. Your inclusion of equity in personal property and real estate should be based on the fair market value of such property less debt secured by such property.)

2) Individual with $200,000 individual Annual Income. A natural person (not an entity) who had individual income of more than $200,000 in each of the preceding two calendar years, and has a reasonable expectation of reaching the same income level in the current year.

3) Individual with $300,000 Joint Annual Income. A natural person (not an entity) who had joint income with his or her spouse in excess of $300,000 in each of the preceding two calendar years, and has a reasonable expectation of reaching the same income level in the current year.

4) Corporations or Partnerships. A corporation, partnership, or similar entity that has in excess of $5 million of assets and was not formed for the specific purpose of acquiring an interest in the Corporation or Partnership.

5) Revocable Trust. A trust that is revocable by its grantors and each of whose grantors is an Accredited Investor as defined in one or more of the other categories/paragraphs numbered herein.

6) Irrevocable Trust. A trust (other than an ERISA plan) that (a)is not revocable by its grantors, (b) has in excess of $5 million of assets, (c) was not formed for the specific purpose of acquiring an interest, and (d) is directed by a person who has such knowledge and experience in financial and business matters that such person is capable of evaluating the merits and risks of an investment in the Trust.

7) IRA or Similar Benefit Plan. An IRA, Keogh or similar benefit plan that covers only a single natural person who is an Accredited Investor, as defined in one or more of the other categories/paragraphs numbered herein.

8) Participant-Directed Employee Benefit Plan Account. A participant-directed employee benefit plan investing at the direction of, and for the account of, a participant who is an Accredited Investor, as that term is defined in one or more of the other categories/paragraphs numbered herein.

9) Other ERISA Plan. An employee benefit plan within the meaning of Title I of the ERISA Act other than a participant-directed plan with total assets in excess of $5 million or for which investment decisions (including the decision to purchase an interest) are made by a bank, registered investment adviser, savings and loan association, or insurance company.

10) Government Benefit Plan. A plan established and maintained by a state, municipality, or any agency of a state or municipality, for the benefit of its employees, with total assets in excess of $5 million.

11) Non-Profit Entity. An organization described in Section 501(c)(3) of the Internal Revenue Code, as amended, with total assets in excess of $5 million (including endowment, annuity and life income funds), as shown by the organization’s most recent audited financial statements.

12) A bank, as defined in Section 3(a)(2) of the Securities Act (whether acting for its own account or in a fiduciary capacity).

13) A savings and loan association or similar institution, as defined in Section 3(a)(5)(A) of the Securities Act (whether acting for its own account or in a fiduciary capacity).

14) A broker-dealer registered under the Exchange Act.

15) An insurance company, as defined in Section 2(13) of the Securities Act.

16) A “business development company,” as defined in Section 2(a)(48) of the Investment Company Act.

17) A small business investment company licensed under Section 301 (c) or (d) of the Small Business Investment Act of 1958.

18) A “private business development company” as defined in Section 202(a)(22) of the Advisers Act.

19) Executive Officer or Director. A natural person who is an executive officer, director or general partner of the Partnership or the General Partner, and is an Accredited Investor as that term is defined in one or more of the categories/paragraphs numbered herein.

20) Entity Owned Entirely By Accredited Investors. A corporation, partnership, private investment company or similar entity each of whose equity owners is a natural person who is an Accredited Investor, as that term is defined in one or more of the categories/paragraphs numbered herein.

Please read the notice above and check the box below to continue.

Singapore

168 Robinson Road,
Capital Tower, Singapore 068912
+65 3105 1295

Taiwan

5th Floor, No. 1-8, Section 5, Zhongxiao East Road, Taipei

Hong Kong

R91, 3rd Floor,
Eton Tower, 8 Hysan Ave.
Causeway Bay, Hong Kong
+852 3002 4462

Australia

44 Martin Place, Sydney 2000 Australia
+02 8319 3232

Indonesia

Millennium Centennial Center, 38th Floor, Jl. Jend. Sudirman Kav. 25
Jakarta 12920, Indonesia

Market Coverage