Tesla, Apple, Disney and Schiff Say MicroStrategy’s Bitcoin Buys Sign of Desperation: Bulls and Bears of the Week – Walt Disney (NYSE:DIS)

[ad_1]

Benzinga reviewed the outlook for many investors’ favorite stocks over the past week. Here’s a look at some of our top stories.

As 2022 draws to a close, the much-anticipated Santa Claus gathering has failed to materialize as the markets remained quiet ahead of Christmas. The last full trading week of the year ended with the S&P 500 down 0.20%, the Nasdaq Composite down 1.94% and the Dow Jones up 0.86% to end the week.

On Friday, the Bureau of Economic Analysis reported that the personal consumption expenditure price index rose 5.5% year-over-year in November, from 6.1% in October. Core PCE, which excludes volatile food and energy prices, rose 4.7%, in line with analysts’ estimates.

Benzinga continues to review the outlook for many of the most popular stocks with investors. Here are some of the most bullish and bearish messages from the past week that are worth revisiting.

Bulls

“Morgan Stanley Expects Tesla to Unleash Cost and Scale Advantages as ‘Competitive Force’: Will Other Automakers Survive the Beating?” by Adam Eckert, explains why Morgan Stanley analysts view the recent decline in Tesla Inc’s TSLA stock as a buying opportunity.

In “Royal Caribbean Enters The Metaverse With A Virtual Cruise Ship, Fit With NFTs”, AJ Fabino writes about Royal Caribbean GroupsRCLCelebrity Cruises entering the Metaverse, as the company filed a patent related to the launch of a digital cruise ship.

“Disney Stock Could Have 43% Upside If Bob Iger Makes This Move In 2023, Analyst Says,” by Chris Katje explains why an analyst expects Disney Company DIS share to rise now that CEO Bob Iger is back in command.

For other bullish calls from the past week, check out the following:

Netflix says it’s on the tech giant’s acquisition radar

Federal Reserve won’t cut rates in 2023 because there won’t be a recession, says Goldman Sachs chief economist

Jim Farley lays out Ford’s No. 1 priority No, they’re not electric vehicles

The Bears

“Gold Bull Peter Schiff Calls MicroStrategy’s Bitcoin Purchase ‘Hail Mary’ Attempt to Avoid Liquidation”, by Mehab Qureshi, details Peter Schiff’s post stating that MicroStrategy Inc’s MSTR purchases of Bitcoin BTC/USD were a ‘Hail Mary’ attempt “to avoid the inevitable liquidation of the company.

In “Apple ‘Weaker Than Consensus’, Not Much Going For EVs, Server Again: Analyst Says ‘No Reason To Be Optimistic’ For Tech Sector In 2023”, Shanthi Rexaline explains why AppleInc.AAPLanalyst Ming-Chi Kuo is not optimistic about outlook for major tech stocks in 2023. “Charles Hoskinson criticizes Coinbase for ignoring Cardano in latest report: ‘Pretty Low And Pretty Sad'”, by Mehab Qureshi, examines Cardano ADA/USD founder Charles Hoskinson’s reaction to his crypto not being mentioned in a new Coinbase Global Inc. COIN Report.

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

El-Erian says inflation will remain sticky: ‘When we hit 4%, it will be a major decision for society to make’

Billionaire David Tepper ‘leans short’ as central banks hike interest rates: Why he’s saying ‘don’t ignore’ the signs

AMC Entertainment Plunges Over Reverse Split Proposal: Here’s What To Watch For

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

[ad_2]