Benzinga has examined the prospects for many investors' favorite stocks over the past week, here's a look at some of our top stories.
The markets maintained an upbeat tone this week, as the S&P 500 notched its fourth consecutive weekly gain, adding 3.26% for the week. The Dow Industrials also had a positive week, closing 2.92% higher, while the Nasdaq Composite advanced by 3.08%.
The momentum came as the Labor Department reported the consumer price index gained 8.5% in July, below economist estimates of 8.7%. The week was capped off by the House approving the Inflation Reduction Act, a $480-billion legislative package that includes funding for climate change initiatives.
Benzinga continues 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.
"Kevin O'Leary Just Bought Nvidia Stock And Plans To Buy Palantir Next: Here's When And Why He's Bullish," by Adam Eckert, looks at why "Shark Tank" investor Kevin O'Leary bought NVIDIA Corporation (NASDAQ:NVDA) shares on the recent pullback.
"This Stock Is 'Only Asset We Want To Own' In Media, Analyst Says While Forecasting 40% Return For A Juggernaut," by Shanthi Rexaline, explains why an analyst raised his price target on Walt Disney Co. (NYSE:DIS) this week, suggesting an upside of 37% for the stock.
"AMC, GameStop Are Running Again: What's Behind The Latest Meme Stock Rally?" by Wayne Duggan, investigates the factors driving up share prices of Bed Bath & Beyond Inc (NASDAQ:BBBY) GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) this week.
For additional bullish calls of the past week, check out the following:
"Elon Musk Reveals He Sold Tesla Shares Last Week To Prepare For An 'Unlikely' Event," by Shivdeep Dhaliwal, reports on the number of Tesla Inc (NASDAQ:TSLA) shares sold by CEO Elon Musk, in the "hopefully unlikely" case that the Twitter Inc (NYSE:TWTR) buyout deal is closed.
"BlackRock's CEO Just Dumped $20M In Shares: Here's What Happened The Last Time He Did It," by Chris Katje, explores what the recent stock sale by BlackRock Inc (NYSE:BLK) CEO Laurence Fink may be foreshadowing for the markets.
"Ford To Raise Price Of 2023 F-150 Lightning By Up To $8500: Here's Why," by Dylan Wechsler, explains why Ford Motor Company (NYSE:F) decided to hike the price of its EV pickup truck, the F-150 Lightning.
For more bearish takes, be sure to see these posts:
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