Tesla, DraftKings, Broadcom And Trader Says Buy Dogecoin In High 10 Cents If You Get A Chance By Benzinga

Benzinga – By Michael Cohen, Benzinga Editor.

Last week, Benzinga looked at the outlook for stocks that are popular with many investors. Here are some of the top articles.

Bears dominated Wall Street this week, with the S&P 500 index down more than 3% on growing concerns about inflation and monetary policy, enduring its first weekly decline since March 2023. The Nasdaq Composite Index also fell 5.5%, its worst week since November 2022, the fourth consecutive week of declines, and the longest losing streak since December 2022.

Meanwhile, the Chairman of the Federal Reserve System Jerome Powell ruled out any immediate interest rate cuts, citing mild disinflation, but rising geopolitical risks further worsened the outlook for tech stocks. Despite these challenges, the Dow Jones Industrial Average rose just 0.01%, marking its first positive week in the past three weeks.

Benzinga provides daily reports on the stocks that are most popular with investors. Here are some of last week’s most bullish and bearish posts that are worth revisiting.

bulls
“Canopy Growth CEO at Benzinga Conference: ‘I don’t think investors understand the value inside Canopy'” CEO Report by Adam Eckert david kleinIn a statement at the Benzinga Cannabis Capital Conference, he claimed: Canopy Growth Corporation (NASDAQ:CGC) is undervalued by investors, especially regarding acquisitions like Wana and new strategic direction under Canopy USA.

“Dogecoin has fallen 25% in the last week, but traders say, ‘If you get a chance to buy in the low $0.10s, buy it.’” (Khyathi Dalal) Find out how it has fallen. Dogecoin’s (CRYPTO: DOGE) plunges 25%, market influencers remain bullish, predicting a possible price recovery and future strength in the altcoin market, insisting on buying on the decline. There is.

By Chris Katche “DraftKings stock is better than street expectations, analysts say: Sports betting will benefit from ‘healthy growth,'” says Goldman Sachs analyst’s optimistic outlook Chris Katch said. DraftKings Inc. (NASDAQ:DKNG) expects strong revenue growth and improved profitability due to market expansion and strengthening unit economics.

Check out below for additional bullish calls from the past week.

Rivian ‘best-positioned EV OEM’: Analysts praise long-term outlook and R2 launch with short-term caution

Tesla’s self-driving efforts praised by Goldman Sachs: Wall Street firm plans long-term growth with robotaxi service

Happy Bitcoin Halving: Experts Predict What Happens Next

bears

“Tesla will no longer offer inventory discounts after CEO Elon Musk said the sales system had become ‘complicated and inefficient,'” Anan Ashraf explained. Elon Muskdecision to cancel tesla company (NASDAQ:TSLA) Inventory discounts due to inefficiencies and complexity in the sales process.

In Piero Singari’s book, “Real Estate Stocks Fall as Mortgage Rates Rise to Four-Month High: ‘Inflation is Proving Hard to Bring Down,'” he writes about the fall in real estate stocks: Explaining. Prologis Co., Ltd. (NYSE:PLD) and East Group Properties Co., Ltd. (NYSE:EGP) is driven by rising mortgage rates and a pessimistic outlook for housing starts and affordability.

“Broadcom succumbs to EU antitrust probe over VMware license, prompts rapid review of pricing strategy” by Anusuya Lahiri reports: Broadcom Co., Ltd. (NASDAQ:AVGO) is adjusting the price of VMware in response to an EU antitrust investigation stemming from complaints about unfair licensing practices.

For more bearish views, be sure to check out our next post.

Most S&P 500 stocks are no longer trading above their 50-day average: Is it a healthy rebound or is the bull market over?

Treasury yields in ‘danger zone’: analysts expect a jump to 5%, market sells chaotically

Peter Schiff disagrees with Bitcoin’s $100,000 prediction as crypto-related stocks fall into bear territory: “Sell your fool’s gold and buy the real thing”

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