Bulls And Bears Of The Week: Netflix, Starbucks, Tesla And More, , on October 3, 2020 at 7:18 pm

By
On October 3, 2020
Tags:

* Benzinga has examined the prospects for many investor favorite stocks over the last week. * Cults stocks were well-represented among the bullish calls this past week. * Bearish calls included a FANG stock and the electric vehicle leader.President Donald Trump continued to dominate the headlines as the fourth quarter kicked off, from his tax returns and controversial Supreme Court nominee to the contentious first presidential debate and his COVID-19 diagnosis.Despite continued volatility, the main U.S. indexes ended the week marginally higher, led by a 2% gain in the Dow Jones industrials, even though the week also saw another disappointing jobs report, big bank restrictions extended and the continuing wait for a coronavirus vaccine.Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are a few of the last week’s most bullish and bearish posts that are worth another look.Bulls “Starbucks’ Recovery Looks ‘Durable,’ Cowen Says In Upgrade” by Jayson Derrick discusses three catalysts that Starbucks Corporation (NASDAQ: SBUX) has ahead that could provide its stock with a “jolt.” Will continued strength in the United States and China offset weakness in other regions?In “PreMarket Prep Stock Of The Day: Dow,” Joel Elconin is focused on the two catalysts that made Dow Inc. (NYSE: DOW) a featured stock of the day during the week. After the changes the company has gone through in recent few years, this is “not your grandparents’ Dow,” says the article. See how the stock has fared so far this year.”Bullish Shopify Analyst Says E-Commerce Platform In Early Stages Of Growth” by Priya Nigam reveals how Shopify Inc (NYSE: SHOP) stock is poised to benefit from an acceleration in e-commerce trends over time, driven by ongoing changes to consumer habits. See how much this analyst raised the price target.Another new analyst has jumped in the bullish camp for DraftKings Inc (NASDAQ: DKNG), according to Chris Katje’s “Needham Sets Price Target On DraftKings: ‘This Is No Time To Get Hung Up On Valuation’.” See the two big reasons why the featured analyst came on board.In Wayne Duggan’s “BofA Initiates Bullish Coverage Of Virgin Galactic: ‘Powering Up For Takeoff’,” see why one Wall Street analyst has “started the countdown for a major liftoff” for Virgin Galactic Holdings Inc (NYSE: SPCE) stock. How far could the shares soar?For additional bullish calls, also have a look at “Which Blue-Chip Consumer Stock Will Grow The Most By 2025?” and “Space Race: The Top Players In A Market That Could Be Worth .4 Trillion By 2030.”Bears Chris Katje’s “BofA Says Netflix’s September Churn Higher, Downloads Lower” points out that a controversial film release has had a negative effect on Netflix Inc (NASDAQ: NFLX) shares. See what other headwinds could have an impact on the video streamer’s stock going forward.”Tesla Faces China Wipeout By 2030, Morgan Stanley Analyst Says” by Shivdeep Dhaliwal explains why Tesla Inc (NASDAQ: TSLA) sales in the world’s biggest auto market could fizzle out in the next decade. Find out whether the nation’s combative relationship with the United States is to blame.Jayson Derrick’s “Travis Scott Promotion At McDonald’s Promotes Addictive Food, Says Health Expert” shows why not everyone is impressed with the first Mcdonald’s Corp (NYSE: MCD) collaboration with a celebrity in decades. Check out how the fast-food giant responded to the criticism of this marketing effort.Is the Sunnova Energy International Inc (NYSE: NOVA) business model sustainable? That’s the question asked in “Sunnova Energy Ticks Lower As Short Seller Calls For 80% Downside” by Shanthi Rexaline. See how trends in the solar industry may spell trouble the company and its shares and why an acquisition by a high-profile buyer seems unlikely.Be sure to check out “Poll: Global Investors Very Concerned About A Contested US Election” for an additional bearish call.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: Snowflake, Broadcom And More * Barron’s Picks And Pans: Peloton, Truist, Western Digital And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.,

Bulls And Bears Of The Week: Netflix, Starbucks, Tesla And More* Benzinga has examined the prospects for many investor favorite stocks over the last week. * Cults stocks were well-represented among the bullish calls this past week. * Bearish calls included a FANG stock and the electric vehicle leader.President Donald Trump continued to dominate the headlines as the fourth quarter kicked off, from his tax returns and controversial Supreme Court nominee to the contentious first presidential debate and his COVID-19 diagnosis.Despite continued volatility, the main U.S. indexes ended the week marginally higher, led by a 2% gain in the Dow Jones industrials, even though the week also saw another disappointing jobs report, big bank restrictions extended and the continuing wait for a coronavirus vaccine.Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are a few of the last week’s most bullish and bearish posts that are worth another look.Bulls “Starbucks’ Recovery Looks ‘Durable,’ Cowen Says In Upgrade” by Jayson Derrick discusses three catalysts that Starbucks Corporation (NASDAQ: SBUX) has ahead that could provide its stock with a “jolt.” Will continued strength in the United States and China offset weakness in other regions?In “PreMarket Prep Stock Of The Day: Dow,” Joel Elconin is focused on the two catalysts that made Dow Inc. (NYSE: DOW) a featured stock of the day during the week. After the changes the company has gone through in recent few years, this is “not your grandparents’ Dow,” says the article. See how the stock has fared so far this year.”Bullish Shopify Analyst Says E-Commerce Platform In Early Stages Of Growth” by Priya Nigam reveals how Shopify Inc (NYSE: SHOP) stock is poised to benefit from an acceleration in e-commerce trends over time, driven by ongoing changes to consumer habits. See how much this analyst raised the price target.Another new analyst has jumped in the bullish camp for DraftKings Inc (NASDAQ: DKNG), according to Chris Katje’s “Needham Sets Price Target On DraftKings: ‘This Is No Time To Get Hung Up On Valuation’.” See the two big reasons why the featured analyst came on board.In Wayne Duggan’s “BofA Initiates Bullish Coverage Of Virgin Galactic: ‘Powering Up For Takeoff’,” see why one Wall Street analyst has “started the countdown for a major liftoff” for Virgin Galactic Holdings Inc (NYSE: SPCE) stock. How far could the shares soar?For additional bullish calls, also have a look at “Which Blue-Chip Consumer Stock Will Grow The Most By 2025?” and “Space Race: The Top Players In A Market That Could Be Worth .4 Trillion By 2030.”Bears Chris Katje’s “BofA Says Netflix’s September Churn Higher, Downloads Lower” points out that a controversial film release has had a negative effect on Netflix Inc (NASDAQ: NFLX) shares. See what other headwinds could have an impact on the video streamer’s stock going forward.”Tesla Faces China Wipeout By 2030, Morgan Stanley Analyst Says” by Shivdeep Dhaliwal explains why Tesla Inc (NASDAQ: TSLA) sales in the world’s biggest auto market could fizzle out in the next decade. Find out whether the nation’s combative relationship with the United States is to blame.Jayson Derrick’s “Travis Scott Promotion At McDonald’s Promotes Addictive Food, Says Health Expert” shows why not everyone is impressed with the first Mcdonald’s Corp (NYSE: MCD) collaboration with a celebrity in decades. Check out how the fast-food giant responded to the criticism of this marketing effort.Is the Sunnova Energy International Inc (NYSE: NOVA) business model sustainable? That’s the question asked in “Sunnova Energy Ticks Lower As Short Seller Calls For 80% Downside” by Shanthi Rexaline. See how trends in the solar industry may spell trouble the company and its shares and why an acquisition by a high-profile buyer seems unlikely.Be sure to check out “Poll: Global Investors Very Concerned About A Contested US Election” for an additional bearish call.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: Snowflake, Broadcom And More * Barron’s Picks And Pans: Peloton, Truist, Western Digital 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

+65 3105 1295

Taiwan

Coming Soon!

Hong Kong

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