Benzinga
Benzinga’s last bulls and bears of the year: Alibaba, Apple, Intel, Tesla and more
* Benzinga examined the outlook for many investors’ favorite stocks over the past week. * This week’s optimistic calls included the iPhone maker and shares of electric vehicles. * A semiconductor manufacturer and a Chinese internet giant were one of the clumsy calls. The last trading week of a turbulent year was little in the way of a Santa Claus rally, with the S&P 500 and Dow Jones industrial average up about 1% and the Nasdaq essentially flat for the week. For the full year, however, the Dow was up about 6%, the S&P 500 was up more than 14% and the Nasdaq was up more than 41%. This is not bad for a year that collapsed in March. The year ended with progress with a third COVID-19 vaccine, ongoing political strife in Washington and signs of life in the film industry. The colossus for e-commerce has also been successful with a new effort, the leader in electric vehicles is poised to expand, and the days of a leading chipmaker can be counted. The end of the year is also a time to look ahead, with themes to look at and predictions about the FAANG stocks, crypto-currency and so much more. During the course of the case, Benzinga continued to explore the prospects for many of the most popular stocks. Here are some of the most positive and clumsy posts of the past week that are worth checking out. Bulls In Jayson Derrick’s “3 reasons why Gene Munster says Apple will be a top performer in 2021”, see why this well-known technician and venture capitalist believes that some key catalysts will help Apple Inc. (NASDAQ: AAPL) shares higher and make it a top-performing FAANG play. Tesla Inc. (NASDAQ: TSLA) may beat internal and Wall Street expectations in the fourth quarter, despite “speed bumps.” This is according to Shivdeep Dhaliwal’s “Tesla On Track To Beat Its Ambitious Delivery Target Of 500,000 Deliveries For 2020, Says Wedbush.” “Snap Rallies On New Street-High Price Target: Why Goldman Sachs Is Bullish” by Shanthi Rexaline examines why one top analyst believes that Snap Inc’s (NYSE: SNAP) shares will be ready for further rises, and that revenue from the fourth quarter is likely to be much higher than consensus expectations. In “Why BofA Raises Its Nio Price Target Before the Nio Day Event on January 9,” Wayne Duggan discusses what electric car maker Nio Inc (NYSE: NIO) is likely to announce during its upcoming event. See what investors should give enough reason for optimism this year. Priya Nigam’s “Why KeyBanc Is Turning Bullish On Continental Resources” focuses on why petroleum and natural gas exploration and production company Continental Resources, Inc. (NYSE: CLR) is now well positioned. and may reinstate its dividend this year. For additional bullish calls from the past week, also look at the following: * The S&P 500 has only done something since World War II each time * 3 catalysts that could have raised stock prices higher 2021 * Tilson: Foaming stock market could still ‘one to two years from the top ‘be. In Shanthi Rexaline’s’ Intel Analyst: Challenges In 2021 Look ‘Substantial’, see how one analyst expects leading disk maker Intel Corporation (NASDAQ: INTC) to respond to activist pressure to make big changes. What could be next for the technology giant? “Alibaba Shares Tank Even As E-Commerce Giant Ups Stock Buyback Target To B” by Aditya Raghunath shows why Alibaba Group Holdings Ltd (NYSE: BABA) boosts stock repurchase program Competition investigations by Chinese authorities could not please investors . Chris Katje’s “Bears Pile On FuboTV After 330% Rise In 2020” argues that bears the valuation and long-term outlook for FuboTV Inc (NYSE: FUBO), one of the hottest stocks in the streaming market in recent years. Were there five days in a row with double digit increases too many? Nikola Corporation (NASDAQ: NKLA) for Manufacturing Electric Vehicles Lacks Scale in First 18 Months of Truck Sales’, according to ‘JPMorgan Lowers Nikola Price Target, Execution Risk of Sees Associated With A Tarnished Brand’ “by Priya Nigam For more clumsy tasks, take a look at these posts: * Bitcoin rally likely in the coming weeks, says technical analyst * 10 worst performing S&P 500 stocks of 2020 at the time of this writing, the author has no position in the mentioned shares Follow the latest news and trading ideas by following Benzinga on Twitter Photo credit: Andy Mitchell, Flickr See more of Benzinga * Click here for options from Benzinga * Barron’s Pick-and-pans after Christmas: Alibaba, Apple , Intel, Pool, Yelp and more * Notable insider purchases during the week of Christmas: Foot Locker, GameStop, NetApp and more (C) 2021 Benzinga.com Benzinga does not provide investment advice. All rights reserved.