Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Michael Cohen

Benzinga Bulls And Bears Of The Week: Ford, Coinbase, Block, Netflix, DoorDash And This Major Chipmaker

Benzinga has examined the prospects for many investors' favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro

There was a sign of optimism in the markets this week (shortened by Monday's Fourth of July respite) as the S&P 500 was up 1.9% over the four days of trading, while the Dow Industrial Average inched up by 0.8%. The Nasdaq had the biggest comeback, climbing 4.6% during the week.

Investors weren't shaken by the Labor Department reporting that 372,000 jobs were added in June, which was almost 100,000 more than economists had expected. This latest figure increases the likelihood of the Fed moving forward with an additional 0.75 percentage point interest rate hike at its next meeting.

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.

The Bulls

"Jim Cramer Says He Has To Buy More Ford Stock When It Hits This Price: Here's Why," by Adam Eckert, looks at why CNBC's Jim Cramer is looking to increase his exposure to Ford Motor Co (NYSE:F) after trimming his position last year.

"Cathie Wood Loads Up Another $21M In These 2 Crypto-Linked Stocks," by Shanthi Rexaline, looks at how many additional shares of Coinbase Global Inc (NASDAQ:COIN) and Block Inc (NYSE:SQCathie Wood's Ark Investment Management purchased this week.

"Bitcoin Could Be The Greatest Bull Market In History: Bloomberg Analyst," by Murtuza Merchant, explains why Bloomberg analyst Mike McGlone says the risk versus reward for Bitcoin (CRYPTO: BTC) is tilting toward responsive investors in the second half of the year.

For additional bullish calls of the past week, check out the following:

Why Jim Cramer Says 'You Should Just Take Every Penny' And Buy Disney

The META Platforms Takeaways: Why This Analyst Sees A Near Triple Upside On The Stock

Why Are Insiders Buying Bed Bath & Beyond Stock For The First Time In 5 Months?

The Bears

In "Barclays Slashes Netflix Price Target: Why This Investor Says Disney Stock Is The Better Bet," Adam Eckert outlines the reason why Barclays analyst Kannan Venkateshwar lowered his price target for Netflix Inc (NASDAQ:NFLX).

"Why This DoorDash Analyst Is Lowering Their Price Target Following Amazon-Grubhub Deal," by Wayne Duggan,  explains why an analyst cut his price target for DoorDash Inc (NYSE:DASH) after Amazon.com Inc (NASDAQ:AMZN) announced a new partnership with DoorDash competitor Grubhub.

In "This Taiwan Semiconductor Supplier Declares Pricing Hike Following Similar Moves By TSMC, Samsung And Others," Anusuya Lahiri writes about the potential impact of a key supplier to Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM) hiking its prices.

For more bearish takes, be sure to see these posts:

Why Michael Burry Sees Long-Term Inflation, Bigger Market Crash Ahead

Inflation Effect: Walmart To Charge Suppliers Fuel Fee

2022's Best-Performing Sector Just Hit Bear Market Territory

Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.