Bulls & Bears Of The Week: Apple, Nio, Snap, Uber And More

Bulls & Bears Of The Week: Apple, Nio, Snap, Uber And More

  • Benzinga has examined prospects for many investor favorite stocks over the past week.
  • Bullish calls included two recent high-profile IPOs and a financial giant.
  • Bearish calls included the iPhone maker, an EV startup and a specialty retailer.

May, a month in the shadow of trade concerns, ended last week with more tariffs on Chinese goods and new tariffs on goods from Mexico. It was also a week that saw a big automaker pondering a merger, a renewed focus on Treasury yields, speculation about federal funds rate cuts and the end of the Mueller investigation. The big U.S. indexes ended the week around 3 percent lower, as well as down near 6 percent or more for the month.

As usual, Benzinga continues to examine the prospects for many of the most popular stocks with investors. Here are just a few of this past week's most bullish and bearish posts that may be worth another look.

Bulls

Uber Technologies, Inc. UBER ambitions to expand beyond its core business impressed analysts, according to Dave Royce's "Uber Shares Rise, Analysts Largely Positive After First Quarterly Print."

Priya Nigam's "Beyond Meat Holds Tremendous Growth Opportunity, JPMorgan Says In Bullish Initiation" suggests consumer response to Beyond Meat Inc BYND products has been encouraging.

"Snap Options Trader Makes Big Bet On More Near-Term Upside" by Wayne Duggan shows why at least one large option trader has bet on more upside ahead for Snap Inc SNAP. Is music streaming to come?

In "Pro: Scrap The 10-Year Yield In Favor Of These 2 Stocks," Jayson Derrick examines why 10-year Treasury investors may want to look to dividend payers such as JPMorgan Chase & Co. JPM instead.

For additional bullish calls, also have a look at Analysts: Lowe's Sell-Off A Buying Opportunity and BMO Adds Boston Scientific To Top Picks, Sees Catalysts Ahead.

Bears

In Wayne Duggan's "Citi Cuts Apple Price Target, iPhone Estimates On China Concerns," see why investors should brace for the trade war to take a bite out of Apple Inc. AAPL iPhone sales.

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