Apple, Meta, Rivian and Crypto Expert Predict When Bitcoin Will Return to All-Time High: Benzinga Bulls And Bears

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

All three major indices ended the week up. The Dow Jones had its fourth consecutive week of gains, up 1.2%. Meanwhile, the S&P 500 and Nasdaq had their fourth positive week in the past five weeks. The broad market index posted a weekly gain of 0.79%, while the Nasdaq rose 0.29% for the week.

On Wednesday, the Labor Department reported that the consumer price index (CPI) rose 5% in March, down from February’s 6% increase and below the 5.2 gain. % predicted by economists. Core CPI inflation, which excludes more volatile food and energy prices, remained in line with economists’ estimates at 5.6% for March.

Benzinga provides daily reports on the most popular stocks with investors. Here are some of the most bullish and bearish messages from the past week that are worth revisiting.

“Warren Buffett Explains Why Apple Stock Is an Extraordinary Investment,” by Adam Eckert, details why billionaire Warren Buffett made Apple Inc AAPL43.5% of Berkshire Hathaway Inc’s portfolio (NYSE: BRK-A) ( NYSE: BRK-B).

In “Seeking Risk-Free Investments? Look Beyond Gold, Dollar To These Stocks, Says Analyst,” Shanthi Rexaline details why one analyst believes Meta Platforms Inc META, Microsoft Corp MSFT, Amazon Inc AMZN, and Alphabet Inc GOOGL GOOG have become the “new security business.”

“Here’s How Long Before Bitcoin Hits New Highs, According to the Man Who Almost Called the Bottom,” by Adam Eckert, reveals Galaxy Digital Holdings Ltd (OTC:BRPHF) CEO Mike Novogratz’s prediction on the date Bitcoin BTC/USD returns to its all-time high.

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

Tesla Shocks Auto Industry: Overtakes Mercedes-Benz and Toyota to Become World’s Most Valuable Auto Brand

DeSantis can’t stop Disney from going higher on a break this level: The Bull, Bear Case

EXCLUSIVE: Uber says it has 3 significant social impacts with weed deliveries

The Bears

“Piper Sandler Downgrades Rivian Automotive, Cuts Price Target by 76%: ‘Frugality Matters More Than Ambition,'” by Wayne Duggan, details why Piper Sandler analyst downgraded Rivian Automotive Inc RIVN from “overweight” to “neutral” and reduced its price target on the stock.

In “Did Jim Cramer Just Jinx Boeing With His ‘Really Incredible’?” Shanthi Rexaline writes that CNBC Mad Money host Jim Cramer may have bewitched Boeing Co BA by describing the company as “truly amazing”.

“If the S&P 500 falls, these 5 high beta US stocks are likely to underperform,” by Piero Cingari, examines the five highest beta stocks against the S&P 500, including NVIDIA Corp NVDA and Shopify Inc SHOP, which could fall more than the S&P 500 if the market recovers.

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

Coinbase Fails to Catch Bitcoin’s $30,000 Rally, Analyst Predicts Nearly 60% Drop

Shocks for stocks: Traders bet on another Fed rate hike in May after strong jobs data

TSMC Seeks Clarity: Concerns Over U.S. Chip Law Subsidies Drive High-Stakes Discussions

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