Benzinga’s Bulls And Bears Of The Past Week: Ford, Rivian Automotive, PepsiCo, Apple, DraftKings And More – Ford Motor Credit Company (F)

  • Benzinga has examined the prospects for several investor favorites over the past week.
  • Upside calls last week included a US electric car maker and a leading beverage company.
  • The big tech company and sports betting operator were among the negative calls seen.

Technology companies led a rally on Wall Street this week that pushed the S&P 500 Index to an all-time high and gave the index its best weekly gain since February.

The S&P 500 closed higher in four of the past five days, ending 3.8% for the week. The Dow Jones Industrial Average rose 0.6% and the Nasdaq Composite rose 0.7%, both recovering from previous declines. The Russell 2000 finished the week 0.4% down as small-cap stocks lagged the broader market

The Bureau of Labor Statistics reported that US consumer prices jumped 6.8% in November, driven by higher costs for energy, food, rent and used vehicles. Americans now face the highest annual inflation rate since 1982. Core prices, which exclude food and energy, are up 4.9% year over year.

Benzinga continues to study the prospects of many of the stocks most popular with investors. Here are a few of the more ups and downs of the past week that deserve another look.

bulls

“Why Rivian Analysts Are So Hardcore: The EV Maker Could Be The One Who Can Challenge Tesla” by Shanthi Rexaline. Rivian Automotive Company (NASDAQ:RIVN) Shares have retreated from highs and yet are trading above the IPO price as analysts have begun to embark on a stock coverage.

In “Ford President Bill Ford Acquires Another 2 Million Shares in the Automaker,” Rachit Vats reports how Ford Motors Corporation (NYSE:F) hit a 20-year high in November, and its chairman now owns about 20 million shares, including restricted stock and about 15 million of the founding family’s special class of super-voting stock.

Chris Catgee writes about how PepsiCo (NASDAQ:PEP) Launches a Genesis NFT Kit called Pepsi Mic Drop in “Pepsi Introduces VaynerNFT’s First NFT Series: How You Can Get One.”

For more bullish calls from last week, check out the following:

Novavax takes a leap after the EU drug regulator’s chief hinted about imminent authorization of a COVID-19 vaccine

Why Apple’s ‘AR/VR Opportunity’ Excites This Analyst About Cupertino’s Growth Outlook

Cathy Wood continues to load up on the bladed air movement stock

bears

“Citron Buys The Dip In Nuvei, Says ‘No Evidence of Fraud’ in New Short Seller Report” By Wayne Duggan Considers allegations made by Spruce Point Capital Management that Nuvei Corp (NASDAQ: NVEI) Chief Executive Officer elephant fire Embellished his educational credentials during his previous role at PaySystems.

Shivdeep Dhaliwal writes about how to sell Apple company (NASDAQ: AAPL) May be affected by the new omicron variant of COVID-19 in “Why This Expert Believes Omicron Could Put a Wrench in Apple’s Plans for the “Very Important Holiday Season.””

In “Draughtskings CEO Claps Back at Famed Short Seller Jim Chanos After Bearish Comments” Adam Eckert reports on how to short sell Jim Chanos Add some fuel to Draftings Inc (NASDAQ:DKNG) a fire when it was announced that it had been running short of stock “for most of 2021.”

For more downside, be sure to see these posts:

Double Carnival cruise prices extend into second half of 2022

Electric car sales are on the rise, but Tesla’s global market share is shrinking: Analyst

Boeing 737 MAX plane is flying in the air in India due to a technical problem

At the time of writing, the author has no position in the said stocks.

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