Bulls And Bears Of The Week: Apple, Ford, Merck, Uber And More

A July employment report that was better than feared helped the big U.S. indexes end last week higher, led by the Nasdaq's almost 4% gain. Earnings reporting season also has peaked and was not as bad as many expected, though have yet to step into the earnings spotlight.

It was also a week that saw a prominent CEO step down, trade wars resumed and an explosive surprise in the Middle East.

Here are some of this past week's most bullish and bearish posts that are worth another look.

Bulls

The long-term view on Uber Technologies Inc UBER 5.19% "remains highly favorable," according to Jayson Derrick's "Should Investors Continue Riding With Uber? The Street Weighs In."

"Goldman Sachs Upgrades Merck On Cancer, HIV, COVID-19 Pipeline" by Priya Nigam outlines why the market seems to be underappreciating the potential of the pipeline assets at Merck & Co., Inc MRK 0.05%.

In "Wall Street Loves Square's Cash App Growth," Wayne Duggan suggests that the Square Inc SQ 4.42% second-quarter results show that the mobile payments company has long-term opportunity despite challenges in the second half.

Shanthi Rexaline's "JPMorgan Turns Bullish On Novavax After Phase 1 Coronavirus Vaccine Readout" focuses on the positive results from a Novavax, Inc. NVAX 1.67% coronavirus vaccine candidate..

Bears

Apple Inc. (Nasdaq: AAPL)  valuation has become less attractive. So says a top analyst in " Apple Analyst Goes Neutral, Cites Impending Risks And Valuation Concerns" by Shanthi Rexaline.

Wayne Duggan's "Bearish Amazon Option Trader Bets $2M The Stock Won't Hold $3,100" points out that at least one larger option trader has bet that the recent Amazon.com, Inc. AMZN 1.78% rally may end soon.

"Why These 2 Traders Are Pumping The Brakes On Ford's Stock" by Jayson Derrick discusses why some are resisting the temptation to ride the recent momentum in Ford Motor Company F 0.94% stock after the announced CEO change.

1 2
View single page >> |

Disclosure: At the time of this writing, the author had no position in the mentioned equities.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.