Benzinga's Bulls And Bears Of The Week: Apple, Home Depot, Nio, ViacomCBS And More

Benzinga's Bulls And Bears Of The Week: Apple, Home Depot, Nio, ViacomCBS And More

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

The past week's bullish calls included a new Warren Buffett stake and a big-box retailer.

The iPhone maker, a pot stock and a video streaming leader were among the bearish calls seen.

Investors began last week in wait-and-see mode, despite the strong earnings reporting season so far. While the week's results from the big boxes largely were much better than expected too, weakness in the markets remained, due in part to cryptocurrency uncertainty and signs of inflation and a weaker dollar.

Then came more hawkish than usual commentary from the Federal Reserve. But the markets lifted afterward, including the sluggish tech sector, while rising commodities prices took a breather. The waning buy-the-dip mentality had found new legs late in the week. So, despite earlier weakness, the big three U.S. indexes were little changed by Friday's close. Specifically, the Nasdaq was up fractionally and the Dow Jones industrials and the S&P 500 were down fractionally.

The week's notable corporate news included a major media merger, the much-anticipated launch of an electric vehicle and two technology titans at loggerheads. There was even new clarity on the need for COVID-19 booster shots and some good news in the art world.

Through it all, Benzinga continued 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

Famed investor Warren Buffett has cut some long-time holdings and invested in insurance giant Aon Plc (NYSE:AON), as noted in Rachit Vats' "Warren Buffett's Berkshire Sheds Wells Fargo, Chevron Stakes And Buys This Stock Instead."
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