Benzinga's Bulls And Bears Of The Week: Apple, Lemonade, Sundial, Tesla And More

Benzinga's Bulls And Bears Of The Week: Apple, Lemonade, Sundial, Tesla And More

Benzinga has examined the prospects for many investor favorite stocks over the past week.

The week's bullish calls included electric vehicle makers and the king of e-commerce.

Some so-called meme stocks highlight the bearish calls that were seen.

We are about a year out from the market's pandemic plunge, which was followed by a recovery that Wall Street historians will no doubt be studying for years.

In the past week, optimism on the vaccine roll-out and the newly inked stimulus package has been offset by fears of inflation, which have weighed on tech and growth stocks especially. The Nasdaq was briefly in correction territory during the week, but that didn't stop the big three indexes from hitting new all-time highs.

The Dow Jones industrials ended the week about 4% higher, while the Nasdaq was up 3% or so and the S&P 500 saw a more than 2% gain.

On the COVID-19 front, the CDC issued new guidelines this past week. Vaccine producers continue to strive to increase production, and news about the efficacy of the vaccines continues to be encouraging.

In corporate news, a struggling aerospace giant received a big order. A social media leader looks to its future even as its hiring practices are probed. The biggest electric vehicle maker both raised some prices and delayed some deliveries. Plus, it suffered a serious security breach and a small fire at one of its plants.
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